Comerica Reports Fourth Quarter 2020 Earnings Results

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RBC Capital Reiterates Outperform Rating on Comerica (CMA)

January 20, 2021 6:36 AM EST

RBC Capital analyst Jon Arfstrom reiterated an Outperform rating and $70.00 price target on Comerica (NYSE: CMA) following the company's 4Q earnings report. Relative to expectations, EPS of $1.49 was driven by a better than modeled provision. Consensus was $1.19. Arfstrom had assumed a $40 million provision... More