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
1/13/2026	LGN Logan Energy	Downgrade	C$1.00	Strong-Buy ➝ Hold
1/13/2026	BIREF Birchcliff Energy	Downgrade	$5.00	Strong-Buy ➝ Hold
1/13/2026	BIR Birchcliff Energy	Downgrade	C$7.00	Strong-Buy ➝ Hold
1/13/2026	PEY Peyto Exploration & Development	Upgrade	C$23.00	Hold ➝ Strong-Buy
1/8/2026	MFC Manulife Financial	Upgrade	$37.00	Hold ➝ Strong-Buy
1/8/2026	MFC Manulife Financial	Upgrade	C$52.00	Hold ➝ Strong-Buy
1/8/2026	IAG iA Financial	Downgrade	C$174.00	Strong-Buy ➝ Hold
12/16/2025	CWEN Clearway Energy	Upgrade	$36.00	Hold ➝ Strong-Buy
12/15/2025	EQX Equinox Gold	Downgrade	$14.00	Strong-Buy ➝ Hold
12/15/2025	EQX Equinox Gold	Downgrade	C$20.00	Strong-Buy ➝ Hold
12/15/2025	KXS Kinaxis	Upgrade	C$164.00	Hold ➝ Strong-Buy
12/14/2025	GIB CGI Group	Downgrade	$92.00	Strong-Buy ➝ Hold
12/9/2025	IFP Interfor	Downgrade	C$10.00	Hold ➝ Strong Sell
12/9/2025	BCE BCE	Upgrade	$24.00	Hold ➝ Strong-Buy
12/9/2025	BCE BCE	Upgrade	C$34.00	Hold ➝ Strong-Buy
12/9/2025	WFG West Fraser Timber	Downgrade	$70.00	Strong-Buy ➝ Hold
12/9/2025	WFG West Fraser Timber	Downgrade	C$97.00	Strong-Buy ➝ Hold
12/2/2025	CF CF Industries	Upgrade	$87.00	Hold
11/28/2025	CNI Canadian National Railway	Upgrade	$100.00	Hold ➝ Strong-Buy
11/28/2025	CNR Canadian National Railway	Upgrade	C$139.00	Hold ➝ Strong-Buy
11/18/2025	SIA Sienna Senior Living	Upgrade	C$22.00	Hold ➝ Strong-Buy
11/17/2025	AFN Ag Growth International	Downgrade	C$30.00	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	$12.00	Hold ➝ Strong-Buy
11/3/2025	EDR Endeavour Silver	Upgrade	C$16.00	Hold ➝ Strong-Buy
10/31/2025	ARE Aecon Group	Downgrade	C$34.00	Strong-Buy ➝ Hold
10/29/2025	SLF Sun Life Financial	Downgrade	$63.00	Strong-Buy ➝ Hold
10/29/2025	SLF Sun Life Financial	Downgrade	C$87.00	Strong-Buy ➝ Hold