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Enter Symbol:
Comerica Incorporated (CMA) [hlAlert]

Mkt Perform

Comerica Incorporated (CMA) rated Mkt Perform with price target $17 by Friedman Billings

Posted on: Thursday,  Jan 29, 2009  8:25 AM ET by Friedman Billings

Friedman Billings rated Mkt Perform Comerica Incorporated (NYSE: CMA) on 01/29/2009. Previously Friedman Billings rated Buy Comerica Incorporated (NYSE: CMA) on
11/16/2007., when the stock price was $43.36. Since then, Comerica Incorporated has lost 15.57% as of 01/18/2008's recent price of $36.61.
If you would have followed the previous Friedman Billings's recommendation on CMA, you would have lost 15.56% of your investment in 63 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2009 8:25 AM Hold
19.32 17.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2008 8:25 AM Hold
28.88 27.00
4/18/2008 8:25 AM Hold
35.60 33.00
3/24/2008 9:25 AM Hold
39.46 36.00
1/18/2008 8:25 AM Hold
36.61 11.00
11/16/2007 3:25 PM Buy
43.36 49.00
10/18/2007 9:25 AM Buy
47.36 55.00

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