CIBC Q4 2008 Earnings

� BMO Capital Markets cuts target price to $58 from $68� Blackmont Capital cuts target price to $50 from $62� National Bank Financial cuts target price to $50 from $56� RBC Capital Markets raises target price to $53 from $51� Scotia Capital cuts target price to $70 from $80� TD Securities cuts target price to $67 from $77__________________________________________________________ RBC Capital