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Rating: CM

Canadian Imperial Bank Of Commerce (NYSE: CM) downgraded to Underperform by Credit Suisse

Monday,  Dec 7, 2015  12:25 PM ET by Lynn Gilbert

Credit Suisse downgraded Canadian Imperial Bank Of Commerce (NYSE: CM) to Underperform.
Previously, Credit Suisse rated Canadian Imperial Bank Of Commerce (NYSE: CM) to Neutral on 08/27/2015, when the stock price was valued at $70.79.

Canadian Imperial Bank of Commerce (CIBC), together with its subsidiaries, provides various financial products and services to corporate, government, and institutional clients in North America. It operates in two segments, Retail Markets and World Markets.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.

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