JP Morgan Maintains Neutral on Comerica, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains a Neutral rating on Comerica (NYSE:CMA) but raises the price target from $57 to $65.
October 09, 2024 | 8:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan has maintained its Neutral rating on Comerica but increased the price target from $57 to $65, indicating a more optimistic outlook.
The increase in price target from $57 to $65 suggests a more positive outlook on Comerica's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100