HoldCo Urges Comerica (CMA) Shareholders to Vote No for Potential Merger with Fifth Third Bank

Comerica Incorporated (NYSE:CMA) is one of the new stocks David Tepper has bought. As of December 29, the average price target for CMA suggests a 4% downside; however, the Street high indicates an 11% upside. David Tepper added Comerica to his third-quarter portfolio by purchasing 462,500 shares of the company, amounting to $31.7 million. On December 22, HoldCo Asset Management released a presentation called "When The Bank Was Healthy But The Board Got Scared", aimed at the board of directors of Comerica ...