Baird Maintains Outperform on Comerica, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David George maintains an Outperform rating on Comerica (NYSE:CMA) but lowers the price target from $72 to $68.
June 20, 2024 | 11:35 am
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NEUTRAL IMPACT
Baird analyst David George maintains an Outperform rating on Comerica but lowers the price target from $72 to $68. This suggests confidence in the company's performance despite a slightly reduced target.
The Outperform rating indicates continued confidence in Comerica's performance, but the lowered price target suggests 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