Barclays Maintains Equal-Weight on Canadian Imperial Bank, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Aiken has maintained an Equal-Weight rating on Canadian Imperial Bank (NYSE:CM) and lowered the price target from $58 to $57.
September 01, 2023 | 1:31 pm
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Barclays has maintained an Equal-Weight rating on Canadian Imperial Bank and lowered the price target from $58 to $57.
The lowering of the price target by Barclays indicates a potential decrease in the stock price of Canadian Imperial Bank in the short term. This is likely to have a negative impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100