Bernstein & Co. analyst Kevin St. Pierre downgraded Fifth Third Bancorp (NYSE: FITB) and lowered his price target on the regional bank saying that it will need a such a large infusion of capital that investors will be significantly diluted. The stock price plunged 66 cents to close at $2.39.
Fifth Third Bancorp Downgraded
January 30, 2009 at 17:22 PM EST
