Upgrades Sec Perform Outperform X

CM CIBC

RBC Capital Mkts

Upgrades Neutral Buy X

CM CIBC

BofA Securities

Initiated Neutral X

CM CIBC

UBS

Upgrades Mkt Perform Outperform X

CM CIBC

Keefe Bruyette

Initiated Underweight X

CM CIBC

Barclays

Initiated Buy X

CM CIBC

Jefferies

Upgrades Sec Perform Sec Outperform X

CM CIBC

Scotiabank

Upgrades Underperform Neutral X

CM CIBC

BofA Securities

Upgrades Hold Buy X

CM CIBC

Canaccord Genuity

Downgrades Neutral Underperform X

CM CIBC

BofA Securities

Downgrades Outperform Sec Perform X

CM CIBC

RBC Capital Mkts

Downgrades Sec Outperform Sec Perform X

CM CIBC

CIBC

Initiated Outperform X

CM CIBC

Credit Suisse

Downgrades Overweight Eq Weight X

CM CIBC

Barclays

Upgrades Underperform Neutral X

CM CIBC

Credit Suisse

Upgrades Mkt Perform Outperform X

CM CIBC

BMO Capital Markets

Downgrades Overweight Eq Weight X

CM CIBC

Barclays

CM  Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company operates through three segments: Retail and Business Banking, Wealth Management and Capital Markets. The Company's Retail and Business Banking segment provides personal and business clients across Canada with financial advice, products and services in its banking centers or through remote channels, such as mobile advisors, telephone, online or mobile banking. The Company's Wealth Management segment provides advice and investment solutions. The Company's Capital Markets segment provides integrated credit and global markets products, investment banking advisory services and research to corporate, government and institutional clients around the world.