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Enter Symbol:
 
Comerica Incorporated (CMA) [hlAlert]

Rating:
Mkt Perform
CMA
down 19.60 %

Comerica Incorporated (CMA) upgraded to Mkt Perform by Raymond James

Posted on: Tuesday,  Nov 12, 2013  8:25 AM ET by Raymond James

Raymond James rated Mkt Perform Comerica Incorporated (NYSE: CMA) on 11/12/2013. Previously Raymond James rated Underperform Comerica Incorporated (NYSE: CMA) on
03/18/2013., when the stock price was $36.05. Since then, Comerica Incorporated has gained 24.38% as of 11/12/2013's recent price of $44.84.
If you would have followed the previous Raymond James's recommendation on CMA, you would have lost 19.6% of your investment in 239 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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2013 8:25 AM Hold
None
44.84
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -10.68 %
1 YTD down  -24.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2013 9:25 AM Sell
None
36.05

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