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   <description>&lt;p&gt;Scotiabank analyst Meny Grauman downgraded CIBC (NYSE: CM) from Sector Outperform to Sector Perform.&lt;/p&gt;&lt;p&gt;For an analyst ratings summary and ratings history on CIBC &lt;a href=&quot;http://www.streetinsider.com/rating_history.php?q=CM&quot;&gt;click here&lt;/a&gt;. For more ratings news on CIBC &lt;a href=&quot;http://www.streetinsider.com/stock_lookup_news.php?q=CM&amp;amp;type=analyst&quot;&gt;click here&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;Shares of CIBC closed at $108.74 yesterday.&lt;/p&gt;</description>
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