Investors Still Seem Scared to Death of These Stocks
Stock markets were generally higher at midday on Friday, with modest gains for major market benchmarks of up to a quarter-percent. Generally positive economic data have market participants feeling more upbeat about the possibility of avoiding a full-blown recession, and that could help justify what has already been an impressive move higher for stocks since the October 2022 lows.
Yet one area that is still feeling a lot of uncertainty is the regional banking industry. A trio of financial institutions gave their latest readings on their financial condition on Friday, and investors generally still seemed quite nervous about the prospects for another mini-crisis that could prompt weaker institutions to fail.
Below, you'll see what Regions Financial (NYSE: RF), Huntington Bancshares (NASDAQ: HBAN), and Comerica (NYSE: CMA) had to say about their respective performances.
Source Fool.com
Comerica Inc. Stock
Our community is currently high on Comerica Inc. with 26 Buy predictions and 5 Sell predictions.
As a result the target price of 55 € shows a slightly positive potential of 10.0% compared to the current price of 50.0 € for Comerica Inc..
