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-0.000190803281816409 -0.000381606563632954 0.000572409845449363 0.00133562297271514 0.000381606563632819 0.00343445907269604 0.00200343445907264 -9.54016409082724E-05
Stock impact report

In This Article : [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
BMO joins a handful of brokerages that have adopted a rosier view of TD following a streak of developments that have discouraged investors and depressed the share price. At this point, the stock's decline has left it “heavily de-risked,” BMO analyst Sohrab Movahedi wrote in a note to investors. “We now see a favourable upside/downside skew to the stock,” Movahedi wrote. “At our target price of $90, we see a total return potential of 25 per cent over the next year relative to further downside risk of 7 per cent.” The Toronto-Dominion Bank (TD.TO) Movahedi acknowledges that the upgrade “may be a bit early” given TD is transitioning to a new CEO but deems the significant potential upside “compelling enough.” TD stock was trading just over $75 as at 10:30 a.m. ET Friday, up around 1.2 per cent on the day. TD's woes in 2024 stemmed in large part from an anti-money laundering investigation in the U.S. that resulted in massive penalties , including an asset cap on its U.S. retail Show less Read more
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