Market Overview

UPDATE: Stifel Nicolaus Upgrades Comerica to Hold Following Q3 Results

Share:
Related CMA
Earnings Scheduled For October 17, 2017
Bernstein Gets Bullish On Mid-Cap Banks

Stifel Nicolaus raised its rating on Comerica (NYSE: CMA) from Sell to Hold.

Stifel Nicolaus noted, "Based on the company's 3Q12 results reported on Wednesday, which were in line with our below consensus expectations, we are maintaining our 2012 and 2013 EPS estimates of $2.61 and $2.60, respectively. However, we are upgrading the shares to Hold from Sell due to their recent underperformance against the banking sector and the broader market. Since mid-September CMA shares are down 8.5% versus a 2.8% decrease in the S&P Bank Index and 0% return in the S&P 500."

Comerica closed at $30.30 on Wednesday.

Latest Ratings for CMA

DateFirmActionFromTo
Oct 2017CitigroupMaintainsSell
Oct 2017CitigroupMaintainsSell
Sep 2017NomuraMaintainsNeutral

View More Analyst Ratings for CMA
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Upgrades Intraday Update Analyst Ratings

 

Related Articles (CMA)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...