Downgrades coming in this morningPer the G&M: TWM was heavily downgraded, LCFS not so much.
CIBC cuts PT to C$1.1 from C$1.5 and downgrades rating to “neutral” from “outperformer”; RBC cuts target price to C$1 from C$1.5; CIBC cuts target price to C$12 from C$13; RBC cuts target price to C$12 from C$15