Truist analyst Brandon King lowered the firm’s price target on Comerica to $60 from $64 but keeps a Buy rating on the shares after its Q4 results, also cutting the firm’s FY24 EPS view to $5.12 from $5.48 but raising its FY25 view to $6.46 from $6.37. The revision reflects higher net interest income, though this is offset by lower fee income, higher expenses, and higher provisioning, the analyst tells investors in a research note.
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