What exactly did CIBC change for LBLCF on February 20, 2026?

CIBC maintained an Outperform rating and raised the price target to **C$75** from **C$67**. The firm left its formal rating unchanged while increasing its valuation estimate in the note published at **12:35 PM**.

Does the LBLCF analyst rating from CIBC count as an upgrade?

No. CIBC **maintained** the Outperform rating. Because the rating stayed the same, it is not an upgrade. The price target rise reflects stronger valuation assumptions, not a formal rating change.

How should investors use this LBLCF analyst rating update?

Use it as one data point. Consider the raised **C$75** price target alongside earnings, dividends, and sector trends. Verify whether future results validate CIBC's assumptions before changing allocations.

What is Meyka AI's view after the CIBC note?

Meyka AI rates LBLCF with a grade of **A**. Our model sees solid fundamentals and supportive analyst sentiment. The grade reflects benchmark comparison, sector performance, growth, and consensus.

Analyst Ratings

CIBC Maintains Outperform on Loblaw (LBLCF) Feb 20 2026 PT C$75

ByDanny Kontos February 21, 2026February 21, 2026

CIBC maintained an Outperform rating on Loblaw Companies Limited (LBLCF) on February 20, 2026, and raised its price target to C$75 from C$67. This LBLCF analyst rating update signals continued confidence in Loblaw’s earnings and strategic positioning. The firm left its rating unchanged while boosting its valuation view. The update was published at 12:35 PM and showed no immediate reported price move in the note.