CIBC Lifts PT on The Toronto-Dominion Bank (TD)

2 days ago 5

Noor Ul Ain Rehman

Tue, June 2, 2026 astatine 9:14 AM CDT 2 min read

The Toronto-Dominion Bank (NYSE:TD) is 1 of the champion inexpensive stocks to put successful close now. On May 29, CIBC lifted the terms people connected The Toronto-Dominion Bank (NYSE:TD) to C$164 from C$151 portion maintaining a Neutral standing connected the shares. The institution besides received a standing update from Barclays the aforesaid day, with the steadfast raising the terms people connected the banal to C$140 from C$135 and reiterating an Underweight standing connected the shares.

The standing updates came aft the slope reported fiscal results for fiscal Q2 2026, which ended April 30, 2026, successful which it announced that reported diluted net per stock were $2.43, compared with $6.27 successful the anterior twelvemonth period, portion adjusted diluted net per stock were $2.38, compared to $1.97 successful fiscal Q2 2025. Reported nett income for the 4th was $4,251 million, compared with $11,129 million, with the adjusted nett income reaching $4,168 million, compared with $3,626 cardinal successful the anterior twelvemonth period.

The Toronto-Dominion Bank (NYSE:TD) provides fiscal products and services. Its operations are divided into the pursuing segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, Wholesale Banking, and Corporate segment.

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