At $78, Comerica’s Stock Is Quite Expensive

After a 180% rally since the March 23 lows of the last year, at the current price of $78 per share, we believe Comerica Incorporated Stock is expensive. Comerica, the largest U.S. commercial bank, has seen its stock rally from $27 to $78 off the March 2020 bottom compared to the S&P which moved…

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