The Globe and Mail reports in its Tuesday, Dec. 9, edition that RBC Dominion Securities analyst Darko Mihelic has reiterated his "outperform" recommendation for Toronto-Dominion Bank. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mihelic bumped his share target ahead by $8 to $128. Analysts on average target the shares at $122.84. Mr. Mihelic says in a note: "TD had a strong quarter across most operating segments and impaired PCLs were lower than expected. It appears that the bank is well under way to its U.S. BSA/AML milestones and benefits from balance sheet/investment portfolio repositioning and restructuring efforts have begun to show through. We view the slightly better PCL guidance for 2025 versus 2026 and outsized buybacks favourably and believe its solid targets can be achieved with disciplined execution." The Globe reported on Oct. 3 Mr. Mihelic had upgraded Toronto-Dominion Bank to "outperform" from "sector perform." The shares could then be had for $113.26. The Globe reported on Nov. 26 that Jefferies analyst John Aiken had cut Toronto-Dominion Bank to "hold" from "buy." The shares could then be had for $116.04.