Truist Securities Maintains Buy on Comerica, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on Comerica (NYSE:CMA) but has lowered the price target from $49 to $43.
October 23, 2023 | 4:34 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Comerica's price target has been lowered from $49 to $43 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities may cause some short-term uncertainty among investors, potentially impacting the stock's price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100