As previously reported, Raymond James analyst Stephen Boland upgraded TD Bank (TD) to Outperform from Market Perform with a price target of C$152.50, up from C$141, ahead of Q2 earnings for the Big 6 Canadian banks. The firm, which believes TD is “reasonably valued,” has increased confidence in management’s ability to execute on its strategic priorities, supported by a recent meeting with TD Group President and CEO Raymond Chun, the analyst tells investors in a preview.
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