Truist Securities Downgrades Comerica to Hold, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has downgraded Comerica (NYSE:CMA) from Buy to Hold and lowered its price target from $55 to $53.
July 22, 2024 | 9:43 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Truist Securities has downgraded Comerica from Buy to Hold and lowered its price target from $55 to $53.
The downgrade from Buy to Hold and the reduction in the price target from $55 to $53 by Truist Securities is likely to negatively impact Comerica's stock price in the short term as it reflects a less optimistic outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100