Comerica Reports Second Quarter 2016 Financial Results
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UBS Remains Sidelined on Comerica (CMA) Following 2Q - PT to $5
July 20, 2016 9:35 AM EDTUBS reiterated a Neutral rating on Comerica (NYSE: CMA), and raised the price target to $45.00 (from $41.00), following the company's 2Q earnings report. UBS also raised 2016 EPS estimates to $2.66 from $2.49, primarily due to the 2Q core beat.
Analyst David Eads commented, "CMA's performance targets... More
BMO Capital Reiterates Market Perform on Comerica (CMA) Following 2Q Report
July 20, 2016 9:09 AM EDTBMO Capital reiterated a Market Perform rating on Comerica (NYSE: CMA), and raised the price target to $43.00 (from $41.00), following the company's 2Q earnings report.
Analyst Lana Chan commented, "CMA reported 2Q16 EPS of $0.58; however, the results included a $0.19 restructuring charge. Excluding that, core EPS... More
FBR Capital Raises Price Target on Comerica (CMA) to $50 Following 2Q EPS Beat
July 20, 2016 7:04 AM EDTFBR Capital reiterated an Outperform rating on Comerica (NYSE: CMA), and raised the price target to $50.00 (from $48.00), following the company's 2Q earnings report. CMA reported operating EPS of $0.77, above the $0.69 consensus, largely due to lower-than-expected credit costs.
Analyst Bob Ramsey commented, "We reiterate our... More
Comerica (CMA) Posts Q2 EPS of $0.58
July 19, 2016 6:43 AM EDTComerica (NYSE: CMA) reported Q2 EPS of $0.58, which included after-tax restructuring charges of $34 million, or 19 cents per share, and may not compare with the the analyst estimate of $0.69.
"Our second quarter results were solid with a $1.1 billion increase in average loans, improved... More
