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CIBC 提供其 2026 年第一季汽車預覽

-- 加拿大帝國商業銀行資本市場發布了「2026年第一季汽車產業展望」。 加拿大帝國商業銀行（CIBC）指出：“自伊朗戰爭爆發以來，汽車類股一直波動不定，這自然而然地將市場的關注點重新轉向了宏觀風險。” CIBC表示：“儘管我們擔心這種樂觀情緒可能為時過早，但股價已經開始反映出對這場衝突更樂觀的預期。” CIBC認為風險並不在於第一季業績，因為該行表示，第一季業績似乎並未受到戰爭的影響，而且應該能夠反映出行業銷售和生產情況，而這些情況的下降基本上符合預期。 CIBC預計供應商不會在第一季財報中調整業績指引，但指出「戰爭持續的時間越長，風險就越大」。 CIBC表示：“我們仍然認為目前的估值並不高，但宏觀事件可能會繼續造成短期波動，我們也意識到風險上升會降低市場可見度。” CIBC補充道，伊朗戰爭的解決和美墨加協定（USMCA）談判的進展是“該行業的關鍵催化劑”，將有助於市場重新關注積極的根本性發展。 CIBC的估值、評級和目標價如下：報告未作任何改動，並表示 Linamar (LNR.TO) 仍然是其「首選汽車股」。

Price: $23.28, Change: $+0.25, Percent Change: +1.09%

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