BMO Capital Maintains Outperform on Canadian Imperial Bank, Raises Price Target to C$67
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Sohrab Movahedi has maintained an Outperform rating on Canadian Imperial Bank (TSX:CM) and increased the price target from C$65 to C$67.
December 01, 2023 | 3:26 pm
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BMO Capital analyst reaffirms Outperform rating on Canadian Imperial Bank and raises price target to C$67.
The increase in price target by BMO Capital suggests a positive outlook on the bank's performance, which could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
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