Rochdale's Bove Starts Fifth Third Bancorp (FITB) at Neutral
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Rochdale Securities' Dick Bove initiates coverage on Fifth Third Bancorp (Nasdaq: FITB) with a Neutral rating and $11 price target. Bove said the company is unlikely to show a profit until 2011, although "survivability" is no longer in question.
Fifth Third Bancorp operates as a diversified financial services holding company.
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