Barclays raised the firm’s price target on CIBC (CM) to C$106 from C$96 and keeps an Underweight rating on the shares post the fiscal Q3 report. The company’s results again exceeded consensus, driven by better than expected fee income and net interest income, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CM:
- CIBC Reports Strong Q3 2025 Financial Results
- CIBC to Redeem $750 Million Capital Notes, Adjusting Capital Structure
- CIBC reports Q3 adjusted EPS C$2.16 vs. C$1.93 last year
- Canadian Bank of Commerce: Strong Earnings Surpass Expectations Amid Mixed Financial Signals
- CIBC announces intention to repurchase up to 20M common shares