RBC Capital Maintains Sector Perform on Canadian Imperial Bank, Raises Price Target to C$72
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Darko Mihelic maintains a Sector Perform rating on Canadian Imperial Bank (TSX:CM) and raises the price target from C$69 to C$72.
May 26, 2023 | 12:16 pm
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RBC Capital maintains a Sector Perform rating on Canadian Imperial Bank and raises the price target from C$69 to C$72.
The news directly mentions Canadian Imperial Bank (CM) and the price target increase by RBC Capital. However, the rating remains unchanged at Sector Perform, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100