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TD Bank price target raised to C$113 from C$109 at TD Cowen

TD Cowen raised the firm’s price target on TD Bank (TD) to C$113 from C$109 and keeps a Buy rating on the shares. The firm said they reported solid Q3 numbers this morning with better-than-expected earnings on the back of better credit and top-line growth. Overall, Cowen views the quarter positively but have some lingering concerns around the firm’s NIX profile going into F26.

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