Financial Stocks in Motion
Shares of
Comerica
(CMA) - Get Comerica Incorporated Report
fell Friday after the Detroit-based financial services company was downgraded by Prudential to neutral weight from overweight. Prudential cited concerns about margin pressure as a reason for the downgrade. Comerica was down 1.7% to $57.47 in recent trading.
Aflac
(AFL) - Get Aflac Incorporated Report
took off after Deutsche Securities issued a positive report on the Georgia-based insurance company and upgraded the stock to a buy rating. Shares of Aflac were up $1.45 to 48.66 in recent trading.
TheStreet Recommends
Shares of fund manager
Janus Capital
(JNS)
rose as Banc of America Securities raised its rating to buy from sell. The firm also lifted its price target to $23 from $14. Janus rose 88 cents, or 4.7%, to $19.82 in recent trading.
American Capital Strategies
(ACAS)
dropped after the Bethesda, Md., investment company said it priced a public offering of 4 million shares at $35.20 a share. The offering is expected to close on Jan. 11. Shares fell 2.4% to $35.80.
