Comerica price target raised to $67 from $63 at Morgan Stanley

Morgan Stanley analyst Manan Gosalia raised the firm’s price target on Comerica (CMA) to $67 from $63 and keeps an Equal Weight rating on the shares. The “strong” Q3 beat was driven by net interest income, provision and expenses, the core 2025 NII story is “constructive,” and $100M of buybacks in Q4 are “starting sooner than expected,” the analyst tells investors in a post-earnings note.