Canadian Imperial Bank of Commerce (CM) shares were down 1.5% in recent trading Monday after Jefferies downgraded the bank to hold from buy with a price target of CA$89 ($64.3).
Trading volume stood at over 246,000 shares against a daily average of about 1.1 million shares.
Price: 58.07, Change: -0.89, Percent Change: -1.51
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.