Raymond James Maintains Strong Buy on Comerica, Lowers Price Target to $53
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Michael Rose has maintained a 'Strong Buy' rating on Comerica (NYSE:CMA), but lowered the price target from $57 to $53.

July 06, 2023 | 11:32 am
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NEUTRAL IMPACT
Comerica's price target has been lowered from $57 to $53 by Raymond James, though the 'Strong Buy' rating is maintained.
The lowering of the price target might cause some short-term negative sentiment among investors. However, the maintained 'Strong Buy' rating indicates that the analyst still sees significant upside potential in the stock, which could offset the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100