What exactly changed in the CIBC note for TORXF on February 4, 2026?

CIBC maintained an **Outperform** rating and raised the price target to **C$100** from **C$90** on February 4, 2026. The update was published at 10:24 AM and reported by TheFly. The note signals stronger upside expectations.

How should investors interpret the TORXF analyst rating in their strategy?

Treat the TORXF analyst rating as a directional signal. It indicates CIBC expects outperformance, but investors should verify assumptions, weigh mining risks, and size positions to match their time horizon and risk tolerance.

Does the price target change mean TORXF is a buy now?

A higher price target alone does not make TORXF an automatic buy. The CIBC target raises upside expectations, but you must review earnings, gold price sensitivity, costs, and permits before deciding.

Where can I read the original analyst note on the rating change?

The CIBC price target change was reported by TheFly. Read the report here for full details and context [source](https://thefly.com/permalinks/entry.php/id4284955/9661286394/TORXF-Torex-Gold-Resources-price-target-raised-by-C-at-CIBC-heres-why).

Analyst Ratings

CIBC Maintains Outperform for TORXF Torex Gold Resources Inc. Feb 2026

ByHuzaifa Zahoor February 5, 2026February 5, 2026

CIBC maintained an Outperform rating on TORXF and raised its price target to C$100 from C$90 on February 4, 2026. This TORXF analyst rating update came at 10:24 AM and coincided with a 1.0% ($0.49) intraday move. The action signals confidence from a major Canadian bank and affects investor expectations for Torex Gold Resources Inc. The company has a market cap of $4,691,638,539 and this note tightens the short list of recent analyst coverage on TORXF.