RBC Capital analyst Darko Mihelic raised the firm’s price target on CIBC (CM) to C$116 from C$108 and keeps an Outperform rating on the shares. The company’s Q2 results were stronger than expected across the segments with solid pre-provision, pre-tax earnings growth bolstered by capital markets, the analyst tells investors in a research note.
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Read More on CM:
- CIBC price target raised to $102 from $99 at TD Cowen
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- CIBC price target raised to C$90 from C$88 at Barclays
- CIBC Reports Strong Q2 2025 Financial Results
- CIBC Earnings Call Highlights Strong Growth Amid Challenges
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