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Comerica Incorporated CMA - News Analyzed: 6,567 - Last Week: 100 - Last Month: 500

⇗ Comerica Incorporated Witnesses Shareholdings Changes Amid Lawsuit and Positive Forecasts

Comerica Incorporated Witnesses Shareholdings Changes Amid Lawsuit and Positive Forecasts
Mirae Asset Global Investments Co. Ltd increased their holdings in Comerica Incorporated, as did Intact Investment Management Inc. and New England Research & Management Inc., while other institutions such as New York State Teachers Retirement System and SG Americas Securities LLC reduced their stakes. Class action lawsuit for shareholders affected by stock drop is facilitated by Levi & Korsinsky. Comerica has also announced the redemption of its Series A Preferred Stock and declared dividends. A newly launched real-time transfer system by Comerica Bank now serves over 950 banks. Veteran banker Stephen Jeffrey is appointed as the new Austin Market President. Citigroup and RBC have both issued positive forecasts for Comerica's stock with RBC raising the price target from $65 to $67. A new affordable housing initiative in Dallas is launched by Comerica. Comerica Bank faces a lawsuit from CFPB for allegedly failing the disabled and older Americans. Despite the pressure on Q2 deposit guidance, Comerica expects loans to exceed forecasts.

Comerica Incorporated CMA News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Sat, 05 Jul 2025 18:19:17 GMT - Rating 4 - Innovation 0 - Information 5 - Rumor 6

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