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Comerica (CMA) Receives a Buy from RBC Capital

Tipranks - Tipranks - Tue Jan 13, 9:04PM CST

RBC Capital analyst Jon Arfstrom maintained a Buy rating on Comerica yesterday and set a price target of $86.00.

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According to TipRanks, Arfstrom is a 5-star analyst with an average return of 14.7% and a 61.15% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Huntington Bancshares, Associated Banc-Corp, and Home Bancshares.

In addition to RBC Capital, Comerica also received a Buy from Robert W. Baird’s David George in a report issued on January 6. However, on January 7, TipRanks – OpenAI downgraded Comerica (NYSE: CMA) to a Hold.

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Based on Comerica’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.21 billion and a net profit of $176 million. In comparison, last year the company earned a revenue of $1.26 billion and had a net profit of $184 million

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