Barclays Maintains Underweight on Comerica, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Underweight rating on Comerica (NYSE:CMA) but increased the price target from $49 to $59.

January 02, 2024 | 11:32 am
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Barclays maintains an Underweight rating on Comerica but raises the price target from $49 to $59.
While the Underweight rating suggests a bearish outlook on the stock, the increase in price target from $49 to $59 could be seen as a positive adjustment. This mixed signal may lead to a neutral short-term impact on Comerica's stock price as the market digests the information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100