BMO Capital raised the firm’s price target on TD Bank (TD) to C$128 from C$120 and keeps an Outperform rating on the shares. The company delivered an across-the-board beat led by U.S. Retail, while its Wealth Management / Insurance and Wholesale Banking also meaningfully beat forecasts, and Canadian P&C Banking modestly exceeded the firm’s estimates, the analyst tells investors in a research note.
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