Truist raised the firm’s price target on Comerica (CMA) to $70 from $68 and keeps a Hold rating on the shares. The firm revised its 2025 EPS by +1% and lowered 2026 EPS by (1)% to $5.25 and $5.65, respectively. For FY25, the increase is mostly driven by more share buyback, and slightly better net interest income. For FY26, the decrease is mostly driven by lower net interest income given non-interest bearing Direct Express deposits starting to be replaced by higher cost deposits, Truist says.
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