|Day Low/High||50.70 / 51.65|
|52 Wk Low/High||30.48 / 52.04|
Comerica (CMA) on Tuesday reported third-quarter earnings and revenue that topped analysts' forecasts.
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Comerica (CMA) stock was also added to Goldman's 'conviction list' on Friday.
Comerica (CMA) was placed on the "Conviction-Buy" list at Goldman Sachs on Friday.
Here are Friday's top research calls, including downgrades for Citigroup and Novavax, an upgrade Comerica and new coverage of PepsiCo.
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An increased loan portfolio and higher profit and trading income all contributed to the unusually strong quarter. However, revenue growth 'remains sluggish' due to low interest rates.
The financial services sector has been volatile lately. If you're looking for robust bank stocks to add balance to your portfolio, check out these two stable contenders.
Hudson Executive Capital disclosed a stake in Comerica with fanfare earlier this year, part of an effort to push the bank toward a sale. That didn't pan out.
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CLSA analyst Mike Mayo is no stranger to controversy, and the latest episode is no exception. He believes the Texas lender Comerica intentionally kept him off a conference call.
TheStreet highlights 3 stocks pushing the financial sector higher today.
Comerica, the Texas lender, drew shareholder ire for its flagging profitability. In response, the bank has unveiled a cost-cutting plan -- but is stopping short of an outright sale.
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