Scotiabank analyst Mike Rizvanovic raised the firm’s price target on CIBC (CM) to C$138 from C$133 and keeps an Outperform rating on the shares.
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Read More on CM:
- CIBC Raises US$700 Million in 6.5% Limited Recourse Capital Notes to Bolster Capital Structure
- CIBC to Shift CDR Listings to Toronto Stock Exchange
- CIBC price target raised to C$126 from C$119 at Barclays
- CIBC price target raised to C$134 from C$124 at TD Securities
- Canadian Bank of Commerce: Strong Financial Performance and Strategic Positioning Justify Buy Rating
