Citi analyst Keith Horowitz added Comerica to the firm’s Focus List and keeps a Buy rating on the shares with a $90 price target. The primary concern for bank stocks is funding pressures, and then credit risk concerns lurk in background, the analyst tells investors in a research note. However, the firm thinks the recent pullback in the shares has created an opportunity and believes investors should start looking to add to positions here "as risk/reward looks very attractive."
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Published first on TheFly
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