Scotiabank Downgrades Canadian Imperial Bank to Sector Perform, Lowers Price Target to C$155

Benzinga Newsdesk www.benzinga.com Negative 92.8%

Neg 92.8% Neu 0% Pos 0%

Scotiabank analyst Mike Rizvanovic downgrades Canadian Imperial Bank (TSX:CM) from Sector Outperform to Sector Perform and lowers the price target from C$159 to C$155.