RBC Capital Maintains Outperform on Comerica, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains an Outperform rating on Comerica (NYSE:CMA) but lowers the price target from $62 to $58.
June 12, 2024 | 12:58 pm
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RBC Capital analyst Jon Arfstrom maintains an Outperform rating on Comerica but lowers the price target from $62 to $58.
The Outperform rating suggests continued confidence in Comerica's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100