Baird analyst David George lowered the firm’s price target on Comerica (CMA) to $75 from $80 and keeps an Outperform rating on the shares. The firmupdated its model following Q1 results which showed PPNR trends are fine but its underperformance reflects its revenue downside.
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Read More on CMA:
- Comerica’s Financial Outlook: Sell Rating Amidst Growth Challenges and Financial Pressures
- Comerica price target lowered to $55 from $67 at Wells Fargo
- Comerica price target lowered to $68 from $77 at Keefe Bruyette
- Comerica downgraded to Underperform from In Line at Evercore ISI
- Comerica downgraded to Underweight from Neutral at JPMorgan