UBS Remains Sidelined on Comerica (CMA) Following 2Q - PT to $5

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BMO Capital Reiterates Market Perform on Comerica (CMA) Following 2Q Report

July 20, 2016 9:09 AM EDT

BMO 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 EDT

FBR 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 EDT

Comerica (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

Trading Radar for 7/19: Microsoft (MSFT), Goldman Sachs (GS), J&J (JNJ), UnitedHealth (UNH), United Air (UAL), Intuitive Surgical (ISRG) Report

July 18, 2016 2:30 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Building Permits - Street sees 1.150MHousing Starts - Street sees 1.165M

Earnings:

Belden (NYSE: BDC) - consensus EPS $1.26
Comerica (NYSE: CMA) - consensus EPS $0.69
Ericsson (Nasdaq: ERIC) - consensus EPS $0.12
Genuine Parts (NYSE: GPC) - consensus EPS... More

Comerica (CMA) August volatility increases into Q2 and outlook

July 18, 2016 1:03 PM EDT

Comerica (NYSE: CMA) August call option implied volatility is at 34, September is at 31; compared to its 52-week range of 22 to 52 into the expected release of Q2 on July 19.

... More