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Fly News Breaks for January 22, 2020
CMA
Jan 22, 2020 | 08:07 EDT
DA Davidson analyst Gary Tenner lowered his price target on Comerica to $69 and kept his Neutral rating after its Q4 core results missed his expectations due to lower spread income and higher expenses. The analyst sees the upside on Comerica shares as very limited going into 2020 given its expected decline in net interest income and based on the decline in its average loans.
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