Barclays raised the firm’s price target on TD Bank (TD) to C$91 from C$83 and keeps an Underweight rating on the shares. Canadian banks wrapped up Q2 earnings with four exceeding consensus, but headwinds remain with the impact of tariffs yet to be realized amid a weaker economic picture, the analyst tells investors in a research note.
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Read More on TD:
- TD Bank price target raised to C$99 from C$96 at CIBC
- ‘Big Job Losses Are Coming to Canada,’ Says TD Bank’s Chief Economist
- TD Bank price target raised to C$97 from C$95 at Desjardins
- TD Bank price target raised to C$101 from C$96 at Canaccord
- TD Bank price target raised to C$95 from C$90 at Scotiabank
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