Scotiabank Upgrades Toronto-Dominion Bank to Sector Outperform, Raises Price Target to C$93
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Meny Grauman upgrades Toronto-Dominion Bank (TD) from Sector Perform to Sector Outperform and raises the price target from C$86 to C$93.
April 17, 2024 | 12:22 pm
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POSITIVE IMPACT
Toronto-Dominion Bank was upgraded by Scotiabank from Sector Perform to Sector Outperform, with a price target increase from C$86 to C$93.
The upgrade by Scotiabank to Sector Outperform and the increase in price target to C$93 from C$86 is a strong positive signal for Toronto-Dominion Bank. This reflects a bullish outlook from the analyst, potentially leading to increased investor confidence and upward pressure on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100