Canadian Imperial Bank of Commerce (CIBC) Maintains Strong Position in the Market
National Bank maintains a "Sector Perform" rating for TSX:CM, with a raised price target from C$121 to C$128.CIBC reports a 14% increase in revenue and a 16% rise in adjusted net income and EPS for the fourth quarter.The capital markets division and US commercial banking and wealth management sectors show significant growth, contributing to the bank's strong financial performance.The Canadian Imperial Bank of Commerce (TSX:CM), trading on the Toronto Stock Exchange under the symbol TSX:CM, is a major player ...