Comerica Analysts Boost Their Forecasts After Better-Than-Expected Earnings

Comerica (NYSE:CMA) reported better-than-expected earnings for its third quarter on Friday.

The company posted adjusted earnings of $1.37 per share, beating market estimates of $1.16 per share. The company's quarterly sales came in at $811.000 million versus expectations of $811.617 million.

Comerica shares fell 3.9% to trade at $62.41 on Monday.

These analysts made changes to their price targets on Comerica following earnings announcement.

Barclays analyst Jason Goldberg maintained Comerica with an Underweight and raised the price target from $56 to $66.

JP Morgan analyst Anthony Elian maintained the stock with a Neutral and raised the price target from $65 ...