UPDATE: Credit Suisse Downgrades Fifth Third Bancorp on Lower EPS Upside
August 13, 2013 at 10:08 AM EDT
In a report published Tuesday, Credit Suisse analyst C. Siegenthaler downgraded Fifth Third Bancorp (NASDAQ: FITB ) from Outperform to Neutral, but reiterated the $21.25 price target. In the report, Credit Suisse noted, “We are downgrading FITB to Neutral from Outperform and maintaining our 21.25 TP which implies 10% upside. Our