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Enter Symbol:
 
Comerica Incorporated (CMA) [hlAlert]

Rating:
Underweight
CMA
up 7.95 %

Comerica Incorporated (CMA) rated Underweight with price target $40 by Lehman Brothers

Posted on: Friday,  Apr 18, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Underweight Comerica Incorporated (NYSE: CMA) on 04/18/2008. Previously Lehman Brothers rated Sell Comerica Incorporated (NYSE: CMA) on 10/18/2007.,
when the stock price was $47.36. Since then, Comerica Incorporated has lost 7.37% as of 01/20/2016's recent price of $43.87.
If you would have followed the previous Lehman Brothers's recommendation on CMA, you would have gained 7.95% of your investment in 3016 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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/18/2008 8:25 AM Sell
None
35.60 40.00
as of 12/24/2008
1 Week down  -1.51 %
1 Month down  -15.30 %
3 Months down  -29.12 %
1 YTD up  43.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2008 8:25 AM Sell
None
35.95 43.00
1/18/2008 10:25 AM Sell
None
37.21 44.00
10/18/2007 9:25 AM Sell
None
47.36 57.00

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