Keefe, Bruyette & Woods Upgrades Comerica to Outperform, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has upgraded Comerica (NYSE:CMA) from Market Perform to Outperform, raising the price target from $50 to $69.
September 05, 2024 | 11:02 am
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POSITIVE IMPACT
Keefe, Bruyette & Woods has upgraded Comerica from Market Perform to Outperform, with a new price target of $69, indicating a positive outlook.
The upgrade from Market Perform to Outperform by a reputable analyst firm suggests increased confidence in Comerica's future performance. The significant increase in the price target from $50 to $69 indicates expectations of substantial upside potential, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100