BMO Capital Maintains Outperform on Canadian Imperial Bank, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an Outperform rating on Canadian Imperial Bank (NYSE:CM) and raised its price target from $77 to $81.
August 30, 2024 | 2:35 pm
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BMO Capital has reaffirmed its Outperform rating for Canadian Imperial Bank and increased the price target from $77 to $81, indicating positive expectations for the stock.
The increase in price target from $77 to $81 by BMO Capital suggests a positive outlook for Canadian Imperial Bank's stock. The maintained Outperform rating indicates continued confidence in the bank's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100