Comerica Incorporated (NYSE: CMA) Downgraded Today
By BenzingaStaff3
March 09, 2010 8:29 AM
March 09, 2010 8:29 AM
Symbols: CMA
Posted in: Downgrades, Pre-Market Outlook
Comerica Incorporated (NYSE: CMA) was downgraded today by BMO Capital Markets from Outperform to Market perform.
Comerica Incorporated announced yesterday that it has commenced a public offering of approximately $800 million of its common stock for sale to the public.
Comerica Incorporated (NYSE: CMA) declined 1.96% to $35.58 in the pre-market session. The 52-week trading range for CMA is $11.91 - $37.32. CMA closed at $36.29 in the previous trading session. In the last year, CMA has surged over 182%.
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