BofA/Merrill Lynch Upgrades Comerica (CMA) to Buy
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
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
- BofA Securities Upgrades Tesla (TSLA) to Buy on wind up of positive catalysts
- RTX Corp. (RTX) PT Raised to $110 at BofA Securities
- Pivotal Research Upgrades Sirius XM Radio (SIRI) to Buy, 'Free Cash Flow Acceleration Story'
Create E-mail Alert Related Categories
Analyst Comments, Hot Comments, Hot Upgrades, Rumors, UpgradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!