FMP
Jul 21, 2025
Comerica Incorporated (NYSE:CMA) is a financial services company headquartered in Dallas, Texas. It provides a range of financial products and services, including commercial banking, retail banking, and wealth management. As of July 21, 2025, UBS reiterated its Neutral rating for Comerica, advising investors to hold the stock. At that time, the stock price was $64.57, as reported by StreetInsider.
Despite UBS's Neutral rating, Comerica reported strong earnings for the second quarter. The company achieved earnings of $1.42 per share, surpassing the consensus estimate of $1.26 per share. This positive performance was further highlighted by quarterly sales of $849 million, exceeding the expected $842.389 million. Following the earnings announcement, Comerica's shares rose by 4.7%, closing at $65.32.
In light of Comerica's strong earnings, several analysts adjusted their forecasts. Keefe, Bruyette & Woods analyst Christopher Mcgratty maintained an Outperform rating and increased the price target from $69 to $73. Similarly, Stephens & Co. analyst Terry McEvoy maintained an Equal-Weight rating and raised the price target from $61 to $68. These adjustments reflect a positive outlook on Comerica's future performance.
Currently, Comerica's stock price is $64.58, reflecting a decrease of 1.13% or $0.74. The stock has traded between a low of $64.39 and a high of $65.49 today. Over the past year, Comerica has reached a high of $73.45 and a low of $48.12. The company's market capitalization is approximately $8.49 billion, with a trading volume of 1,286,972 shares on the NYSE.
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