Barclays Maintains Underweight on Comerica, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg maintains an Underweight rating on Comerica (NYSE:CMA) but raises the price target from $56 to $66.
October 21, 2024 | 1:08 pm
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NEUTRAL IMPACT
Barclays has maintained an Underweight rating on Comerica but increased the price target from $56 to $66, indicating a slightly more positive outlook.
The increase in price target suggests a more optimistic view on Comerica's future performance, but the maintained Underweight rating indicates continued caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100