RE:RE:RBC Analysis Re: TDWell, National Bank lowered their PT on TD from $92 to $84 this morning which is in line with RBC's April 30th $87 PT so it would seem that they've already taken this into account but the markets will do what they do. I highly doubt there's too many institutions dumping TD shares at these prices and so who is driving it down? Hedge funds that's who.
We could see more selling pressure next week for a few days yet until some prominent analyst steps up and reports that the sell off is overdone or the regulators announce their decision. I too will be watching this one closely and adding more in due course.
HB77