Wall Street Fundamentals Releases New In-Depth Stock Reports on CM, GS, MTB and PBCT

Just over 50 percent of the S&P 500 index has reported earnings so far. According to data from S&P Capital IQ, the S&P 500 Index is forecasted to report a 4.5 percent growth in earnings for the April-June quarter, which is down from 5.2 percent in the Jan-Mar quarter. Banks and financial companies have been the standout group within the index. Roughly 74 percent of the 39 financial companies that have reported earnings so far have topped analysts’ expectations. "I suspect that over the next few quarters, to the extent that interest rates continue to rise, you may well continue to see financials outperform the broader market," said Joseph Tanious, a New York-based global market strategist at JPMorgan Funds.

Comerica Incorporated (NYSE: CMA) shares traded in the range of $15.19 to $15.38 Friday before settling to close at $15.23, a decrease of 0.98 percent. The stock appears to be facing some resistance at the $15.37 and $15.74 levels with some support at $15.18. Shares of Comerica have gained approximately 40.0 percent year-to-date.

More information on Comerica and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CMA

Goldman Sachs Group Inc. (NYSE:GS) shares traded in the range of $164.27 to $165.65 Friday before settling to close at $165.26, a decrease of 0.39 percent. The stock appears to be facing some resistance at $167.49 with some support at the $164.81 and $158.15 levels. Shares of Goldman Sachs have gained approximately 30.0 percent year-to-date.

More information on Goldman Sachs and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GS

M&T Bank Corporation (NYSE: MTB) shares traded in the range of $116.35 to $117.47 Friday before settling to close at $117.25, a decrease of 0.40 percent. The stock appears to be facing some resistance at the $117.62 and $119.13 levels with some support at $114.11. Shares of M&T Bank have gained approximately 19.0 percent year-to-date.

More information on M&T Bank and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MTB

People's United Financial, Inc. (NASDAQ: PBCT) shares traded in the range of $15.19to $15.38 Friday before settling to close at $15.23, a decrease of 0.98 percent. The stock appears to be facing some resistance at the $117.62 and $119.13 levels with some support at $114.11. Shares of People's United Financial have gained approximately 26.0 percent year-to-date.

More information on People's United Financial and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PBCT

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com