Fifth Third Bank (FITB +0.8%) shares post modest gains while other banks (XLF -0.5%) open weak...

|About: Fifth Third Bancorp (FITB)|By:, SA News Editor

Fifth Third Bank (FITB +0.8%) shares post modest gains while other banks (XLF -0.5%) open weak after Stifel Nicolaus upgrades FITB to Buy from Hold, citing the bank's "attractive valuation and solid profitability." The firm also says the bank has solid organic loan growth and above-peer earnings power. The firm downgrades US Bancorp (USB -1.2%) to Hold.