Wells Fargo lowered the firm’s price target on Comerica (CMA) to $55 from $67 and keeps an Equal Weight rating on the shares. The firm notes that the company’s Q1 beat was driven by better net interest income and good expense control, but FY25 guide was lowered given economic uncertainty and lower fee expectations.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMA:
- Comerica price target lowered to $68 from $77 at Keefe Bruyette
- Comerica downgraded to Underperform from In Line at Evercore ISI
- Comerica downgraded to Underweight from Neutral at JPMorgan
- Comerica Reports Strong Q1 2025 Earnings
- Morning Movers: Tesla shares fall after production delay of lower cost Model Y