Truist Securities Downgrades Comerica to Hold, Lowers Price Target to $53
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 22 2024
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Should l Buy CMA?
Source: Benzinga
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Analyst Views on CMA
Wall Street analysts forecast CMA stock price to rise
9 Analyst Rating
3 Buy
5 Hold
1 Sell
Hold
Current: 88.670
Low
77.00
Averages
94.44
High
114.00
Current: 88.670
Low
77.00
Averages
94.44
High
114.00
About CMA
Comerica Incorporated is a financial services company. The Company's segments include Commercial Bank, Retail Bank, Wealth Management, Finance and Other. Commercial Bank segment meets the needs of small and middle market businesses, multinational corporations and governmental entities by offering various products and services including commercial loans and lines of credit, deposits, cash management, and others. Retail Bank segment includes a full range of personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. It offers a variety of consumer products, including deposit accounts, installment loans, credit cards and others. Wealth Management segment provides products and services to affluent, high-net worth and ultra-high-net-worth individuals and families, business owners and executives, and institutional clients. Finance segment includes its securities portfolio and asset and liability management activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Damages Claim: Plaintiff James Spilko alleges he was denied nearly 30 promotion opportunities over five years despite exemplary performance reviews, seeking damages exceeding $30 million for violations of federal and state discrimination laws.
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- New Additions: Dutch Bros and Advanced Energy Industries will join the S&P MidCap 400 on February 2, highlighting growth potential in the consumer and tech sectors, which may attract more investor attention.
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