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Enter Symbol:
 
Comerica Incorporated (CMA) [hlAlert]

Rating:
Mkt Perform
CMA
up 3.24 %

Comerica Incorporated (CMA) downgraded to Mkt Perform by Bernstein

Posted on: Monday,  Sep 21, 2009  9:25 AM ET by Bernstein

Bernstein rated Mkt Perform Comerica Incorporated (NYSE: CMA) on 09/21/2009. Previously Bernstein rated Outperform Comerica Incorporated (NYSE: CMA) on 11/05/2008.,
when the stock price was $28.94. Since then, Comerica Incorporated has gained 3.25% as of 09/21/2009's recent price of $29.88.
If you would have followed the previous Bernstein's recommendation on CMA, you would have gained 3.24% of your investment in 320 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.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/21/2009 9:25 AM Hold
None
29.88
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  50.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2008 8:25 AM Buy
None
28.94

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