CIBC raised the firm’s price target on TD Bank (TD) to C$112 from C$109 and keeps an Outperformer rating on the shares. The firm believes consensus estimates for the Canadian banks remain conservative, positioning the group to beat expectations.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TD:
- TD Bank price target raised to C$113 from C$109 at Canaccord
- TD Bank price target raised to C$104 from C$95 at Scotiabank
- TD Bank price target raised to C$113 from C$109 at TD Cowen
- TD Bank price target raised to C$97 from C$95 at Barclays
- TD Bank price target raised to C$120 from C$117 at Jefferies