Comerica's Rise to Hold at Jefferies on Increased Takeover Potential
ByAinvest
Wednesday, Aug 6, 2025 9:37 am ET1min read
CMA--
Comerica's shares rose 0.4% after Jefferies upgraded the bank to hold from underperform, citing rising takeover potential. Comerica's CEO, Curt Farmer, has hinted that the bank may be open to a strategic acquisition. Jefferies believes a takeover is more likely given Comerica's strong financial position and recent M&A activity in the banking sector.
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