Stephens Maintains a Buy Rating on Comerica Inc (CMA)


In a report released yesterday, Terry McEvoy from Stephens maintained a Buy rating on Comerica Inc (CMA), with a price target of $85. The company’s shares closed yesterday at $68.10, close to its 52-week low of $67.55.

According to TipRanks.com, McEvoy is a 4-star analyst with an average return of 5.2% and a 54.9% success rate. McEvoy covers the Financial sector, focusing on stocks such as Chemical Financial Corp, First Financial Bancorp, and Wintrust Financial Corp.

Comerica Inc has an analyst consensus of Moderate Buy, with a price target consensus of $95.79, a 40.7% upside from current levels. In a report issued on December 4, Piper Jaffray also maintained a Buy rating on the stock with a $106 price target.

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The company has a one-year high of $102.66 and a one-year low of $67.55. Currently, Comerica Inc has an average volume of 2.15M.

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Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other.

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