Why Comerica Stock Is Down Big Today
Comerica (NYSE: CMA) topped quarterly expectations in its latest earnings report, but the bank delivered a couple of surprises that left investors feeling less confident about what lies ahead.
Wall Street is mostly focused on the negative, sending Comerica shares down about 12% as of noon ET.
Bank stock investors have had a lot to digest so far in 2024. The Federal Reserve's push to fight inflation by raising interest rates has eaten into margins and forced banks to be on the defensive.
Source Fool.com
Comerica Inc. Aktie
49,20 €
0,41 %
Die Comerica Inc. Aktie zieht etwas Aufmerksamkeit auf sich: Mehr Buy- als Sell-Einschätzungen.
Ein leicht positives Potenzial wird für Comerica Inc. mit einem Kursziel von 55 € im Vergleich zu 49.2 € gesehen.
