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TD Bank price target raised to C$118 from C$114 at Barclays

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.

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