Bullboard - Stock Discussion Forum Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s): CM | T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking... see more

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TSX:CM - Post Discussion

Canadian Imperial Bank of Commerce > Price Target Hikes: A Buy Signal or Noise?

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Post by MoneySignal808 on Nov 22, 2024 10:47am

Price Target Hikes: A Buy Signal or Noise?

Barclays and National Bank both upped their price targets for CM recently, and while it’s bullish, let’s not overhype it. Analysts can be late to the party, and we know that. I’d rather focus on fundamentals and technicals—right now, CM is trading in a tight range near support. If it breaks $65.50, we could see momentum up to $68+. Otherwise, patience is the name of the game. Also, I've been watching BOLT.CN. Word on the street is that it might soar soon. Anyone else tracking this?

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