Wednesday, November 9, 2011

Comerica (CMA) (ZION) (AB) (ASBC) (BEN) (CBSH) Get New Coverage

Comerica (NYSE: CMA), Zions Bancorporation (NASDAQ: ZION), AllianceBernstein Holding LP (NYSE: AB), Associated Banc-Corp (NASDAQ: ASBC), Franklin Resources, Inc. (NYSE: BEN) and Commerce Bancshares, Inc. (NASDAQ: CBSH) getting new coverage from analysts.

UBS AG initiated coverage on Comerica (CMA). They placed a “Buy” rating and a price target of $33.00 on the company.

UBS AG (NYSE:UBS) initiated coverage on Zions Bancorporation (ZION). They placed a “Neutral” rating and a price target of $18.50 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on AllianceBernstein Holding LP (AB). They placed an “Underweight” rating on the company.

UBS AG initiated coverage on Associated Banc-Corp (ASBC). They placed a “Neutral” rating and a price target of $12.00 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Franklin Resources, Inc. (BEN). They placed an “Overweight” rating on the company.

UBS AG initiated coverage on Commerce Bancshares, Inc. (CBSH). They placed a “Neutral” rating and a price target of $40.00 on the company.

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