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TD Bank price target raised to C$138 from C$122 at Raymond James

Raymond James raised the firm’s price target on TD Bank (TD) to C$138 from C$122 and keeps a Market Perform rating on the shares. Ahead of Q1 earnings, the firm has updated its FY26 estimates and introduced its FY27 outlook for the Canadian bank group while adjusting its targets for the banks to incorporate its new FY27 estimates.

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