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Enter Symbol:
 
Comerica Incorporated (CMA) [hlAlert]

Rating:
Underperform
CMA
up 24.76 %

Comerica Incorporated (CMA) downgraded to Underperform with price target $22 by Oppenheimer

Posted on: Wednesday,  May 22, 2013  8:25 AM ET by Oppenheimer

Oppenheimer rated Underperform Comerica Incorporated (NYSE: CMA) on 05/22/2013. Previously Oppenheimer rated Perform Comerica Incorporated (NYSE: CMA) on 01/09/2013., when
the stock price was $31.70. Since then, Comerica Incorporated has gained 24.76% as of 05/22/2013's recent price of $39.55.
If you would have followed the previous Oppenheimer's recommendation on CMA, you would have gained 24.76% of your investment in 133 days.

Comerica Incorporated (Comerica) is a financial services company. Comerica operates through three business segments: Business Bank, Retail Bank, and Wealth & Institutional Management. In addition to the three lines of business, Comerica also operates through a Finance Division. The Business Bank segment primarily consists of middle market, commercial real estate, national dealer services, international finance, global corporate, leasing, financial services, and technology and life sciences. The Retail Bank segment includes small business banking and personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The Wealth & Institutional Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and discount securities brokerage services.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2013 8:25 AM Sell
None
39.55 22.00
as of 12/13/2013
1 Week up  1.76 %
1 Month down  -0.82 %
3 Months down  -11.18 %
1 YTD up  16.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2013 8:25 AM Buy
None
31.70 38.00
1/9/2013 8:25 AM Buy
None
31.70 38.00
3/22/2012 8:25 AM Buy
None
32.21 38.00
5/26/2011 8:25 AM Buy
None
35.44 43.00
1/6/2011 8:25 AM Buy
None
41.43 42.00
9/8/2010 8:25 AM Buy
None
36.30 45.00

(*) Stock Price at the time of the recommendation.
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