Raymond James upgrades
Comerica (CMA), but the stock underperforms compared to competitors. Despite this, Comerica declares dividends and increases share repurchase authorization.
JPMorgan Chase & Co. boosts its position in Comerica, but also issues a pessimistic forecast for its stock price. Multiple
earnings reports detail strong net income and strategic stock. Legal issues arise as Scott+Scott Attorneys investigate Comerica's directors and officers for breach of fiduciary duties and Comerica is sued for failing disabled and older Americans. Chatting to the
Goldman Sachs Financial Services Conference, the CEO shared their vision for the future of the bank. Barclays issues a positive forecast for Comerica's stock price, raising its value. The company's strategic growth strategy included a 10M share boost for
buyback and maintaining $0.71 dividend. Investors suffered a three-year 18% loss due to decrease in earnings.
State Street Corp acquires strategic shares of Comerica while Comerica rewards its investors with a new share repurchase plan.
Comerica Incorporated CMA News Analytics from Tue, 02 Nov 2021 07:00:00 GMT to Sat, 11 Jan 2025 14:29:58 GMT -
Rating 0
- Innovation -2
- Information 6
- Rumor -3
