RE:RE:TD Beats On EarningsSadly, Canaccord Genuity cut it's target price to C$106 from C$110.50, noting that the bank's growth aspirations are tied to its higher exposure to the retail segment in North America, where external factors like higher interest rates and the COVID-19 pandemic could affect the ability to repay debt.
East Bank wrote:"Expectations are always high, but unfortunately a weak beat...and some concerns surrounding the recently announced aggressive acquisition. It will recover!"