Stephens & Co. Reiterates Overweight on Comerica, Maintains $54 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy has reiterated an Overweight rating on Comerica (NYSE:CMA) and maintained a $54 price target for the stock.

December 05, 2023 | 4:14 pm
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Stephens & Co. analyst Terry McEvoy reaffirmed an Overweight rating on Comerica with a $54 price target, indicating a positive outlook for the stock.
The reiteration of an Overweight rating by a financial analyst typically signals a positive sentiment towards the stock, suggesting that the analyst believes the stock will perform well in the market. The maintenance of the $54 price target indicates that the analyst's valuation of the company remains unchanged, which could reinforce investor confidence in the stock's potential to reach that price level. Given that this is a direct analyst rating with a specific price target, it is highly relevant and important for investors holding or considering to hold Comerica stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100