In recent trading, shares of Toronto Dominion Bank (TD) rose to $69.96, surpassing the average analyst 12-month target price of $69.45. This movement prompts potential analyst reactions, including possible downgrades or adjustments in target prices based on fundamental business developments.
The average target price is derived from 12 analysts, with estimates ranging from a low of $60.41 to a high of $74.16. Toronto Dominion Bank currently holds six strong buy ratings, one buy rating, five hold ratings, and one strong sell rating. The average rating is 2.15 on a scale where 1 represents a strong buy and 5 signifies a strong sell.
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