Morgan Stanley Maintains Equal-Weight on Comerica, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Comerica (NYSE:CMA) and raises the price target from $61 to $63.
September 30, 2024 | 4:24 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Comerica and increased the price target from $61 to $63, indicating a slightly positive outlook.
The increase in price target from $61 to $63 by Morgan Stanley suggests a slightly positive outlook for Comerica, which could lead to a modest increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100