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Fly News Breaks for March 13, 2019
CMA
Mar 13, 2019 | 07:16 EDT
As previously reported, Wedbush analyst Peter Winter downgraded Comerica to Neutral from Outperform as he lowers his 2019 and 2020 EPS estimates. The analyst believes earnings growth will be more challenging in 2020 given less earnings levers, the benefit from lower expenses is behind, and share buyback activity is set to slow in 2020. Winter also lowered his price target on the shares to $85 from $86.
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