The Globe and Mail reports in its Tuesday, March 18, edition that Bank of Montreal has been added to the "Best Stock Ideas" list from RBC's Global Financials Research Group in its first quarter 2025 update released Monday. The Globe's David Leeder writes in the Eye On Equities column that Canadian Imperial Bank of Commerce was removed from the list, which includes equities from across RBC's global financial market coverage universe and currently includes 19 investment ideas. Analyst Darko Mihelic has an "outperform" call and $163 share target for BMO shares, exceeding the $153.80 consensus. Mr. Mihelic says in a note: "Credit problems are mostly over and provisions for credit losses (PCLs) have peaked in the absence of tariffs: Without considering the impact of tariffs, we believe BMO is likely past its credit concerns as its impaired PCL ratio peaked in Q4/24 at 66 basis points and it identified loans in the 2021 vintage that resulted in elevated credit losses in 2024, setting the stage for moderating PCLs in 2025 and 2026. We view 2025 as a transitional period with heightened uncertainty." Mr. Mihelic has an "outperform" rating and $108 share target for CIBC shares. Analysts on average target CIBC shares at $96.01.