B of A Securities Downgrades Toronto-Dominion Bank to Neutral
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ebrahim Poonawala has downgraded Toronto-Dominion Bank (NYSE:TD) from Buy to Neutral.
December 18, 2023 | 4:28 pm
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NEGATIVE IMPACT
Toronto-Dominion Bank was downgraded by B of A Securities from Buy to Neutral, which may influence investors' perception of the stock.
Downgrades by analysts can lead to a negative short term reaction in the stock price as they may signal a change in the company's future outlook or performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100