Comerica price target lowered to $49 from $52 at Barclays

Barclays analyst Jason Goldberg lowered the firm’s price target on Comerica to $49 from $52 and keeps an Underweight rating on the shares. While the company’s Q3 results were ahead of estimates, results in Q4 are expected to be marred by a reaccelerating decline in net interest income, lower fees, and another increase in expenses, the analyst tells investors in a research note.