UBS Maintains Neutral on Comerica, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Erika Najarian maintains a Neutral rating on Comerica (CMA) and lowers the price target from $59 to $55.

April 19, 2024 | 2:18 pm
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UBS analyst Erika Najarian maintains a Neutral rating on Comerica and lowers the price target from $59 to $55.
The reduction in price target by UBS suggests a bearish outlook on Comerica's stock price in the short term, potentially due to revised earnings expectations or market conditions. As price targets often influence investor sentiment and can impact stock price movements, this adjustment is likely to create downward pressure on Comerica's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100