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Laurentian Bank downgraded to Neutral from Outperformer at CIBC

Laurentian Bank downgraded to Neutral from Outperformer at CIBC

CIBC downgraded Laurentian Bank to Neutral from Outperformer with a price target of C$37, down from C$54, after Laurentian announced that it completed its strategic review and will not be sold.

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