These Analysts Revise Their Forecasts On Comerica After Q2 Results
ComericaComerica(US:CMA) Benzinga·2024-07-22 13:34

Core Viewpoint - Comerica Incorporated reported better-than-expected quarterly results, leading to changes in analysts' price targets and ratings for the stock [5]. Financial Performance - Comerica reported quarterly earnings of $1.53 per share, surpassing the analyst consensus estimate of $1.19 per share [5]. - The company achieved quarterly sales of $824 million, exceeding the analyst consensus estimate of $813.472 million [5]. Analyst Ratings and Price Targets - Truist Securities analyst Brandon King downgraded Comerica from Buy to Hold and reduced the price target from $55 to $53 [2]. - Barclays analyst Jason Goldberg maintained an Underweight rating and lowered the price target from $59 to $56 [2]. - Piper Sandler analyst Scott Siefers kept a Neutral rating and raised the price target from $51 to $52 [2].

These Analysts Revise Their Forecasts On Comerica After Q2 Results - Reportify