Analyst Recommendation BUY
Toronto Dominion (TD)(TD-T)
24/04/2023
He likes Canadian banks. TD has fallen a lot over concerns of their First Horizon deal in the U.S. not closing, but regulators would want Horizon to be in strong hands (TD) after what's happened with SVB, etc. Canadian banks are very different from US ones, given heavier regulation here. Canadian banks are safe. TD has great retail operations in Canada and US. He expects the Horizon deal to happen and benefit TD.
Banks
Paul Harris
$82.67
Owned