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TD Bank price target raised to C$130 from C$125 at Jefferies

Jefferies analyst John Aiken raised the firm’s price target on TD Bank (TD) to C$130 from C$125 and keeps a Hold rating on the shares. The company generated the largest earnings bat in the quarter and appears well on its way to improving earnings momentum and profitability for 2026, the analyst tells investors in a research note. The firm added that TD Bank’s peer-leading regulatory capital ratio provides both support as well as upside potential, depending on how it is utilized.

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