CIBC Analyst Unveils Top 10 Stock Picks for September
The bank's chief market technician released a revised portfolio recommendation following another month of positive market gains and shifting sector performance.
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The bank's chief market technician released a revised portfolio recommendation following another month of positive market gains and shifting sector performance.

RBC, TD Bank, and CIBC reported quarterly profits that exceeded analyst estimates, citing resilient consumer spending and stable business conditions. The lenders also expressed measured confidence in Canada’s economic outlook despite ongoing international trade uncertainties.
Morningstar outlines hedged Canadian depositary receipts for McDonald's Corporation traded through CIBC.
Rebecca Babin, a senior energy trader at CIBC Private Wealth, predicts that gas prices will not drop much lower before election day. She suggests that pump prices will likely remain higher than the White House would prefer for November's midterms.
CIBC has lowered its price target for Newmont (NEM) to $175 while maintaining an 'Outperform' rating, based on the company's Q1 cost outlook.
Wedbush has cut its price target on CI&T Inc. (CINT) following slight misses in its Q1 results, while DA Davidson has reduced its price target on Salesforce, Inc. (CRM) after its Q1 earnings.
Butterfield is set to acquire CIBC Caribbean in a significant transaction valued at US$1.8 billion.
Canadians may be eligible for a share of an $11 million settlement from a lawsuit alleging CIBC paid 'excessive, inflated and/or unearned' fees to discount brokers who cannot provide investment advice.
CIBC has announced the recipients of its C² Art Program, recognizing artists for their contributions.
CIBC has raised its price target for CF Industries (CF) shares, driven by a stronger outlook for nitrogen pricing in the market.
CIBC has reaffirmed its Outperform rating for Equinox Gold (EQX), suggesting that current gold prices present a favorable entry point for investors.
Multiple exchange-traded funds (ETFs) from Mackenzie, Franklin, and CIBC have announced their latest dividend declarations. These declarations include specific per-unit amounts for various bond, income, and cash management ETFs.
CIBC has reiterated its 'Outperformer' rating for Agnico Eagle Mines (AEM) stock. This indicates that CIBC analysts continue to expect the mining company's shares to perform better than the overall market.
CIBC has maintained its 'Outperformer' rating on Celestica (CLS), citing the company's strong position amid growth in the AI sector.
CIBC has lowered its price target for Algonquin Power & Utilities Corp. (AQN) to $6.25, following a reset of the company's earnings outlook for 2027.
CIBC and BMO Capital have both increased their price targets for The Toronto-Dominion Bank (TD), reflecting a positive outlook on the company's stock.

Canadian Imperial Bank of Commerce reports sustained financial expansion, marking its ninth straight quarter of double-digit earnings growth.
Canadian Imperial Bank of Commerce released its latest earnings report, revealing solid overall results but noting that its capital markets division lagged behind industry competitors in key performance metrics.

Canada's CIBC reported stronger-than-expected quarterly profits, continuing a positive trend across the banking sector despite ongoing macroeconomic uncertainties.
Butterfield has outlined its deal with CIBC Caribbean, projecting approximately $29 billion in assets and an expected closing in the first half of 2027.

CIBC has introduced a SpaceX Canadian Depositary Receipt (CDR), providing Canadian investors with expanded access to the private space exploration company.
Scotiabank has upgraded Bank of Montreal while downgrading Canadian Imperial Bank of Commerce following their respective second-quarter earnings reports.
CIBC announced an increase in its profits and revealed plans to sell its Caribbean unit for $1.6 billion, signaling strategic changes for the bank.
Mackenzie Investments and CIBC Asset Management have both announced their respective monthly distributions. These announcements detail the regular payouts to investors from their funds.

CIBC analysts view Alberta's timeline for a West Coast pipeline as a "best-case scenario," despite a sense of urgency surrounding the project. Significant hurdles remain, including agreement between provincial and federal governments on the Pathways carbon capture project and opposition from British Columbia.
CIBC Innovation Banking has provided €10 million in growth financing to Qover, an embedded insurance platform.

Financial analysts are releasing Q1 earnings previews for numerous companies, including Amkor Technology and Bed Bath & Beyond. Additionally, several firms are updating price targets and ratings for companies such as Chipotle, Robinhood, and Block.
The CIBC U.S. High Dividend Covered Call ETF CAD-Hdg has declared a dividend of CAD 0.125. This is another dividend announcement from CIBC for one of its exchange-traded funds.
CIBC (Canadian Imperial Bank of Commerce) has reportedly made a quiet but significant move into a rapidly expanding segment of the financial industry.
CIBC (CM) stock has been upgraded to an 'Overweight' rating by analysts, following the company's strong earnings growth performance.
Gildan has announced its participation at CIBC’s 29th Annual Retail and Consumer Conference in Toronto, where it will present to investors.
CIBC Caribbean has announced that it will stop processing bank drafts in Great British Pounds (GBP) starting March 31.

CIBC analysts upgraded Enbridge shares, citing increased value and strategic benefits from the company's Westcoast joint venture operations.

Canadian financial institution CIBC saw its stock price climb following the announcement of robust double-digit profit growth in its third fiscal quarter.
CIBC has announced the appointment of veteran tech executive Prasanna Gopalakrishnan to its board of directors, bringing experience in financial services and artificial intelligence.

CIBC is expanding its presence in private markets by launching a new private infrastructure fund, aiming to broaden its investment offerings.
CIBC has received approval from the Toronto Stock Exchange (TSX) for a new share buyback program, allowing the bank to repurchase up to 30 million of its shares.

Billionaire Tilman Fertitta is reportedly nearing a deal to acquire Caesars Entertainment for approximately $17.6 billion. This potential acquisition would significantly expand Fertitta's leisure and entertainment empire.
CIBC announced Q2 earnings that surpassed consensus estimates, driven by robust performance in its capital markets and wealth management divisions.
CIBC has appointed John Lee, formerly of Accenture, to spearhead the bank's initiatives and strategy in the rapidly evolving digital assets sector.
The head of CIBC has stated that Canada needs to expedite major energy and infrastructure projects, citing years of delays that have hindered progress.
CIBC has upgraded TC Energy (TRP) to an Outperformer rating, indicating a positive outlook for the company's stock performance.
CIBC has increased its price target for Brookfield Renewable Partners (BEP), pointing to a valuation opportunity within the power sector.
CIBC analysts have reaffirmed their "Outperformer" rating for Newmont (NEM), indicating continued confidence in the mining company's stock performance. This analyst rating reflects a positive outlook
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CIBC has announced its monthly distributions for exchange-traded funds (ETFs), with one report specifically mentioning March distributions.
CIBC has downgraded Vizsla Silver (VZLA) from Outperform to Neutral, citing specific reasons for the revised rating.
CIBC's stock has seen gains after its first-quarter earnings report indicated robust growth across its various business lines.