Credit Suisse Maintains Outperform on Toronto-Dominion Bank, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Han Joon Kim has maintained an Outperform rating on Toronto-Dominion Bank (NYSE:TD) but lowered the price target from C$93 to C$92.
August 25, 2023 | 4:55 pm
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NEUTRAL IMPACT
Toronto-Dominion Bank's price target has been lowered by Credit Suisse from C$93 to C$92, though the Outperform rating is maintained.
The news is directly about Toronto-Dominion Bank. The lowering of the price target might indicate a slightly less optimistic outlook, but the maintenance of the Outperform rating suggests that the bank is still expected to perform well. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100