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Canadian Imperial Bank of Commerce (USA) (NYSE:CM) has been upgraded to Hold in a statement by BidaskClub earlier today.

BidaskClub has upgraded Canadian Imperial Bank of Commerce (USA) (NYSE:CM) to Hold in a statement released on 06/20/2017.

Boasting a price of $80.02, Canadian Imperial Bank of Commerce (USA) (NYSE:CM) traded -0.36% lower on the day. With the last stock price close down 5.05% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Canadian Imperial Bank of Commerce (USA) has recorded a 50-day average of $85.51 and a two hundred day average of $83.67. Volume of trade was down over the average, with 446,383 shares of CM changing hands under the typical 881,342

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Canadian Imperial Bank of Commerce (USA) (NYSE:CM)

Canadian Imperial Bank of Commerce (USA) has a 52 week low of $72.62 and a 52 week high of $92.22 with a P/E ratio of 10.00 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 3 firms have issued a report on the stock. The consensus target price is $74.18 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Canadian Imperial Bank of Commerce (USA) (NYSE:CM)

Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company operates through three segments: Retail and Business Banking, Wealth Management and Capital Markets. The Company's Retail and Business Banking segment provides personal and business clients across Canada with financial advice, products and services in its banking centers or through remote channels, such as mobile advisors, telephone, online or mobile banking. The Company's Wealth Management segment provides advice and investment solutions. The Company's Capital Markets segment provides integrated credit and global markets products, investment banking advisory services and research to corporate, government and institutional clients around the world.

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