JP Morgan Maintains Overweight on Comerica, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos has maintained an Overweight rating on Comerica (NYSE:CMA) but lowered the price target from $58 to $55.

October 05, 2023 | 3:06 pm
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JP Morgan has maintained an Overweight rating on Comerica but lowered the price target from $58 to $55.
The news is directly related to Comerica (CMA) as JP Morgan has maintained an Overweight rating but lowered the price target. This suggests that while JP Morgan still sees potential in the stock, they are adjusting their expectations slightly downwards. This could have a neutral impact on the stock as the positive of maintaining the Overweight rating is balanced by the negative of a lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100