CIBC Q2 2009 Earnings

• BMO Capital Markets cuts target price from $60 to $54• Credit Suisse cuts target price from $49 to $48• Desjardins Securities cuts target price from $66 to $62• Dundee Securities cuts target price from $55 to $52• Macquarie Securities cuts target price from $57 to $55• National Bank Financial raises target price from $54 to $55• RBC Capital Markets has a target price of $95 (yup, Andre-Philippe