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Compass Point has published a research report on Comerica
CMA upgrading the rating on their stock from Neutral to Buy.
In the report, Compass Point wrote, "We have historically maintained a positive bias on shares of CMA though the sell-off have given us the opportunity to become more constructive. While many financials screen cheap in the recent sell-off, we believe CMA offers an attractive risk/reward."
Compass Point upgraded Comerica from Neutral to BUY with a price target maintained at $37.00. Comerica closed Tuesday at $26.80.
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