The Globe and Mail reports in its Friday, Dec. 13, edition that Jefferies analyst John Aiken has elevated his recommendation for Toronto-Dominion Bank to "buy" from "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. Aiken advanced his share target by $8 to $90. Analysts on average target the shares at $82.62. Mr. Aiken issued his rating and price upgrade in a report titled "2025 cannot be nearly as bad as 2024." Mr. Aiken says in a note, "We believe all the negatives are priced in and that its multiple should recover in the latter half of the year as the new CEO presents his new strategic vision for the bank." The Globe reported on June 7 that Mr. Aiken had reaffirmed his "hold" call for TD. The shares could then be had for $76.60. The Globe reported on Nov. 26 that Scotia Capital analyst Meny Grauman had reaffirmed his "sector perform" call for TD, which was then worth $77.81. The Globe reported on Dec. 6 that RBC Dominion Securities analyst Darko Mihelic had reaffirmed his "sector perform" recommendation for TD. The shares could then be had for $73.51.
© 2025 Canjex Publishing Ltd. All rights reserved.