Close

BofA/Merrill Lynch Upgrades Comerica (CMA) to Buy

June 24, 2015 7:15 AM EDT
Get Alerts CMA Hot Sheet
Price: $52.95 +0.59%

Rating Summary:
    10 Buy, 25 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 14
Join SI Premium – FREE

BofA/Merrill Lynch upgraded Comerica (NYSE: CMA) from Neutral to Buy with a price target of $60. Analyst Erika Najarian expects continued P/E expansion ahead of Fed liftoff and strength in the stock given the "risk-on" trade. Najarian also thinks the company is a potential target, with a possible takeout at $66-$70.

For an analyst ratings summary and ratings history on Comerica click here. For more ratings news on Comerica click here.

Shares of Comerica closed at $52.53 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Hot Comments, Hot Upgrades, Rumors, Upgrades