Comerica Incorporated (NYSE: CMA) stock enjoyed a major increase of 11.1% on 11/6/24. The shares closed at $70.31. Moreover, trading volume in this advance was exceptionally high at 229% of normal. The stock has risen 12.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CMA is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Comerica has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Comerica has a good Power Rating of 83 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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