UPDATE: Performance of Benzinga's Top Downgrades
May 31, 2013 at 15:56 PM EDT
Bank of America downgraded Canadian Imperial Bank of Commerce (NYSE: CM ) from Buy to Neutral. The target price for Canadian Imperial Bank of Commerce has been lowered from $96 to $89. Canadian Imperial Bank of Commerce's shares closed at $76.90 yesterday. Stock down 1.77 percent to $75.54. Analysts at