Comerica Reports First Quarter 2017 Earnings
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Comerica (CMA) PT Raised to $74 at Deutsche Bank; Reiterates Hold
April 19, 2017 8:07 AM EDTDeutsche Bank raised its price target on Comerica (NYSE: CMA) to $74.00 (from $70.00) while maintaining a Hold rating.
Deutsche Bank raised FY17/18 core EPS estimates by $0.30/$0.25 to $4.54/$5.00 to reflect a higher NIM/lower provision and lower exp. compared to previous estimates. Management maintained FY19 core EPS estimate of $5.45.
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