Stephens raised the firm’s price target on Comerica (CMA) to $68 from $61 and keeps an Equal Weight rating on the shares following “mixed” Q2 earnings. While the net interest income outlook suggests upside over time, a decline is expected in Q3 due to higher funding costs, which suggests NII growth in 2025 at the lower end of the 5%-7% range, the analyst tells investors.
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