** Brokerage Raymond James cuts price target on regional bank Comerica's stock CMA.N to $67 from $72 ahead of Q1
** Raymond James cites the bank's recent intra-quarter update and commentary at a recent investor conference
** However, the brokerage maintains an "outperform" rating on the stock, citing share repurchase resumptions and attractive valuation
** " As the averages for loans and deposits catch up to the nice point-to-point growth. I think we're going to see some really positive tailwinds as we go through time for net interest income," said CMA's CFO James Herzog at RBC Capital Market's conference last month
** Brokerage adds that any news of an acquisition in the industry is set to be beneficial to CMA's stock given an "improved outlook for bank consolidation"
** 5 of 22 brokerages rate the stock "buy" or higher, 13 "hold" and 4 "sell" or lower; their median PT is $66 - LSEG
** As of last close, CMA down nearly 6% YTD
(Reporting by Pritam Biswas in Bengaluru)
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