Royal Bank of Canada lowered its target price for Toronto-Dominion Bank (TD) to C$88.00.

Royal Bank of Canada lowered its target price for Toronto-Dominion Bank (TD) from C$89.00 to C$88.00, maintaining an "outperform" rating with a potential upside of 9.75%. This follows updates from other firms, including Scotiabank reducing its target from C$87.00 to C$86.00, and Canaccord Genuity Group raising its target from C$91.00 to C$93.50. TD reported Q1 earnings per share of C$2.04, exceeding consensus estimates.

August 25, 2024
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