CIBC raised the firm’s price target on TD Bank (TD) to C$94 from C$90 and keeps an Outperformer rating on the shares. The firm expects Q1 results in the Canadian Banks sector to show positive earnings momentum, but the outlook for the rest of FY25 will be clouded by the U.S. tariff risk, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TD:
- TD Bank price target raised to C$83 from C$81 at Scotiabank
- Charles Schwab price target raised to $91 from $90 at Truist
- TD Bank announces pricing of offering of Charles Schwab stock
- Morning Movers: Aluminum, steel stocks gain on planned 25% tariffs on imports
- TD Bank announces NCIB up to 100M shares