financetom
Business
financetom
/
Business
/
RBC Reviews TD's Q4, Cuts Target to $77
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RBC Reviews TD's Q4, Cuts Target to $77
Dec 6, 2024 10:39 AM

01:18 PM EST, 12/06/2024 (MT Newswires) -- TD is undergoing a strategic review which is a "significant opportunity" for the bank to reevaluate its whole strategy given the constraints under which it must now operate, writes RBC. Target has been trimmed to $77.

RBC expects costs to remain elevated through the forecast period. Analyst Darko Mihelic is modelling ~1% core EPS growth in 2025, the lowest core EPS growth expectation among the group.

Lowering price target to $77 (was $82). Maintain Sector Perform.

Price: 73.69, Change: -0.33, Percent Change: -0.45

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Integra Resources Unit Signs Option Agreement With GreenLight Metals USA For Cerro Colorado Property in Arizona
Integra Resources Unit Signs Option Agreement With GreenLight Metals USA For Cerro Colorado Property in Arizona
Jun 12, 2024
07:45 AM EDT, 06/12/2024 (MT Newswires) -- Integra Resources ( ITRG ) said on Wednesday that its wholly-owned subsidiary Millennial Silver Nevada signed an option agreement with GreenLight Metals USA, a wholly-owned subsidiary of Green Light Metals Inc. for the Cerro Colorado Property 70 kilometers southwest of Tucson, Arizona. Millennial Silver Nevada currently owns 100% of the membership interests in...
EU proposes to sanction Russian shipping giant Sovcomflot, Bloomberg News reports
EU proposes to sanction Russian shipping giant Sovcomflot, Bloomberg News reports
Jun 12, 2024
(Reuters) - The European Union is proposing to sanction Russia's oil-shipping giant Sovcomflot PJSC in a move to limit the Kremlin's ability to finance its war against Ukraine, Bloomberg News reported on Tuesday, citing a document seen by it. The move would follow similar punitive measures imposed on the leading Russian tanker group early in 2024 by the U.S., with...
Ero Copper Receives Operational License for Tucuma Project in Brazil
Ero Copper Receives Operational License for Tucuma Project in Brazil
Jun 12, 2024
07:46 AM EDT, 06/12/2024 (MT Newswires) -- Ero Copper ( ERO ) said Wednesday it has received the operational license for the Tucuma Project from the environmental agency of Para State, Brazil. The company said it expects the first copper concentrate from the project early in Q3 this year, as 99% of construction has been completed and more than 90%...
Vertex Acquires Tax-Specific AI Capabilities From Software Firm Ryan
Vertex Acquires Tax-Specific AI Capabilities From Software Firm Ryan
Jun 12, 2024
07:47 AM EDT, 06/12/2024 (MT Newswires) -- Vertex (VERX) said Wednesday it acquired tax-specific artificial intelligence capabilities from tax services and software firm Ryan for an undisclosed sum. The newly acquired AI capabilities are designed to manage more effectively tax mapping, which is a manual and time-consuming process, Vertex said. The acquired AI capabilities use proprietary and private Large Language...
Copyright 2023-2026 - www.financetom.com All Rights Reserved