Comerica stock outperforms peers after profit beat

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KeyCorp (KEY) PT Raised to $16 at RBC Capital

April 19, 2024 6:47 AM EDT

RBC Capital analyst Gerard Cassidy raised the price target on KeyCorp (NYSE: KEY) to $16.00 (from $15.00) while maintaining a Outperform rating.

The analyst comments "We believe the company's net interest margin (NIM) bottomed in 3Q23 and 1Q24 should be the low point... More

Comerica (CMA) PT Raised to $62 at RBC Capital

April 19, 2024 6:45 AM EDT

RBC Capital analyst Jon Arfstrom raised the price target on Comerica (NYSE: CMA) to $62.00 (from $61.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 1Q results. Core results were decent and consistent with the companys recent March update. While spread... More

Comerica (CMA) PT Lowered to $55 at UBS

April 19, 2024 6:35 AM EDT

UBS analyst Erika Najarian lowered the price target on Comerica (NYSE: CMA) to $55.00 (from $59.00) while maintaining a Neutral rating.

The analyst comments "Much of the pre-earnings discussion surrounding CMA focused on the quarter's revision to the 2024 NII outlook following the shift in the forward curve. Despite the company's liability sensitive... More

Comerica (CMA) PT Raised to $57 at DA Davidson

April 19, 2024 4:59 AM EDT

DA Davidson analyst Peter Winter raised the price target on Comerica (NYSE: CMA) to $57.00 (from $56.00) while maintaining a Neutral rating.

The analyst comments "Highlight was CMA maintained NII guidance of down 11%; whereas we assumed it would come in closer to -13%... More