Re: Response From Supreme - Share Price +The following addresses concerns regarding CIBC downgrade article. . .
"We have been in contact with our analysts and investors and for the most part, there is a general understanding that this change is a natural progression and that our Interim CEO is well positioned to lead the company forward during our search for a new CEO. Of course, each individual perceives the news differently and understandably CIBC is taking a more cautious approach. On the other hand, Stifel (GMP), Canaccord and BAML put out notes that reiterated their price targets and made no changes to their estimates."