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CMA
Benzinga
29 days

These Analysts Increase Their Forecasts On Comerica Following Upbeat Q2 Results

1. CMA reported Q2 earnings of $1.42, exceeding expectations. 2. Quarterly sales reached $849 million, also surpassing estimates. 3. Shares gained 4.7% to close at $65.32. 4. Analysts raised price targets for CMA post-earnings announcement. 5. Outperform and Equal-Weight ratings maintained by analysts.

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FAQ

Why Bullish?

Strong earnings beat estimates, indicating solid financial health. Historically, strong quarterly performances lead to upward price revisions.

How important is it?

Earnings beat and analyst upgrades strongly suggest future price appreciation potential.

Why Short Term?

Recent earnings results will likely affect immediate trading sentiment. Analysts' target changes typically influence stock price in the short term.

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