Comerica (CMA) Misses Q2 EPS by 2c

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Compass Point Cuts Price Target to $43 Following Comerica Inc. (CMA) 2Q Results

July 20, 2015 9:28 AM EDT

Compass Point maintained a Neutral rating on Comerica (NYSE: CMA), and cut the price target to $43.00 (from $48.00), following the 2Q earnings release. CMA reported GAAP EPS of $0.73, compared to $0.75 consensus.

Analyst Kevin Barker commented, "We maintain our Neutral rating and drop our price target to $43 from $48 following the 2Q earnings release. We have lowered our price target to take into account a higher normalized... More

Piper Jaffray Cuts Price Target on Comerica Inc. (CMA) Following 2Q15 Results

July 20, 2015 8:18 AM EDT

Piper Jaffray maintained a Neutral rating on Comerica (NYSE: CMA), and cut the price target to $52.00 (from $55.00), following "underwhelming" 2Q15 results. CMA reported 2Q15 EPS of $0.73 (consensus: $0.75).

Analyst Brett Rabatin commented, "We are lowering our forward EPS estimates by 5% (on... More