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Stock Market & Financial Investment News

News Breaks
April 2, 2014
05:33 EDTCMAComerica upgraded to Market Perform from Underperform at Wells Fargo
Wells Fargo upgraded Comerica to Market Perform citing improving commercial lending activity and above-peer capital returns. The firm raised its price target range for shares to $47-$50 from $37-$40.
News For CMA From The Last 14 Days
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December 5, 2014
13:26 EDTCMAComerica, BB&T, KeyCorp seen as potential activist targets, TheStreet says
The co-founder of PL Capital, Richard Lashley, expects shareholder activism to move from community banks to larger regional banks, including lenders like Comerica (CMA), BB&T Corp. (BBT), and KeyCorp (KEY), reported TheStreet, citing comments made during a panel on investment strategy during The Deal Economy Event at the Nasdaq Exchange. After the next presidential cycle, "When stress tests are done, when Basel is settled, and Congress will realize [the banks] have too much capital," Lashley expects more M&A in the sector, TheStreet quoted him as saying. Reference Link

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