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Toronto-Dominion Bank (TD) Upgraded to Buy at Desjardins
['Wed', 'October', 'At Pm Gmt', 'Min Read']
Yahoo Finance
The Toronto-Dominion Bank (NYSE:TD) is one of the best Goldman Sachs bank stocks.
On August 13, Desjardins changed the rating on Toronto-Dominion Bank to Buy from Hold to Buy, while also bumping up its price target to C$107 from C$97.
Toronto-Dominion Bank (TD) Upgraded to Buy at DesjardinsPhoto by Rachael Annabelle on UnsplashWhile risks related to anti-money laundering remediation and the US asset cap persist, Desjardins highlighted that they impact just 25% of earnings and are well disclosed, with upside potential in American banking next year.
The Toronto-Dominion Bank (NYSE:TD) is a major financial institution that serves customers in Canada, the United States, and internationally.
While we acknowledge the potential of TD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.