Cibc Captl Mkts Stock Recommendations and Price Targets

This is a list of recent ratings by Cibc Captl Mkts.

Date	Company Name	Action	Current Price	Rating
12/2/2025	CF CF Industries	Upgrade	$80.00	Hold
11/28/2025	CNI Canadian National Railway	Upgrade	$99.00	Hold ➝ Strong-Buy
11/28/2025	CNR Canadian National Railway	Upgrade	C$138.00	Hold ➝ Strong-Buy
11/18/2025	SIA Sienna Senior Living	Upgrade	C$20.00	Hold ➝ Strong-Buy
11/17/2025	AFN Ag Growth International	Downgrade	C$22.00	Strong-Buy ➝ Hold
11/6/2025	TRP TC Energy	Upgrade	$55.00	Hold ➝ Strong-Buy
11/6/2025	TRP TC Energy	Upgrade	C$76.00	Hold ➝ Strong-Buy
11/3/2025	EXK Endeavour Silver	Upgrade	$9.00	Hold ➝ Strong-Buy
11/3/2025	EDR Endeavour Silver	Upgrade	C$12.00	Hold ➝ Strong-Buy
10/31/2025	ARE Aecon Group	Downgrade	C$28.00	Strong-Buy ➝ Hold
10/29/2025	SLF Sun Life Financial	Downgrade	$58.00	Strong-Buy ➝ Hold
10/29/2025	SLF Sun Life Financial	Downgrade	C$81.00	Strong-Buy ➝ Hold