Barclays raised the firm’s price target on TD Bank (TD) to C$118 from C$114 and keeps an Underweight rating on the shares post the fiscal Q4 report. The company’s adjusted earnings exceeded consensus on lower than modeled crest losses and higher than expected fee revenue, the analyst tells investors in a research note.
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$124 from C$116 at National Bank
- TD Bank price target raised to C$122 from C$119 at Raymond James
- TD Bank price target raised to C$130 from C$125 at Jefferies
- RY, BMO, TD: Canada’s Banks Raise Their Dividends
- Morning Movers: Genesco, Build-A-Bear slide following quarterly results
