Comerica upgraded at Argus on rising interest rates, still the stock drops

Oct. 20, 2022 2:08 PM ETComerica Incorporated (CMA)FITB, KEYBy: Liz Kiesche, SA News Editor2 Comments

Comerica Bank office is shown in San Diego, CA, USA on July 9, 2022. Comerica Incorporated is a financial services company.

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  • Argus Research analyst Kevin Heal upgraded regional bank Comerica (NYSE:CMA) to Buy from Hold after it posted record Q3 earnings, primarily due to the rise in short-term interest rates.
  • "Looking ahead, we expect Comerica (

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