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Analysts Conflicted on These Financial Names: Toronto Dominion Bank (TD) and Futu Holdings (FUTU)

Tipranks - Tipranks - Sat May 30, 6:36AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Toronto Dominion Bank (TD) and Futu Holdings (FUTU).

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Toronto Dominion Bank (TD)

Bank of America Securities analyst Ebrahim Poonawala reiterated a Buy rating on Toronto Dominion Bank today and set a price target of $168.00. The company’s shares closed last Thursday at $113.34.

According to TipRanks.com, Poonawala is a top 100 analyst with an average return of 18.3% and a 76.8% success rate. Poonawala covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Canadian Bank of Commerce, and Bank of New York Mellon. ;'>

Currently, the analyst consensus on Toronto Dominion Bank is a Moderate Buy with an average price target of $115.29, representing a 2.5% upside. In a report issued on May 20, Canaccord Genuity also maintained a Buy rating on the stock.

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Futu Holdings (FUTU)

Goldman Sachs analyst Shuo Yang maintained a Hold rating on Futu Holdings today and set a price target of $114.37. The company’s shares closed last Thursday at $104.91.

According to TipRanks.com, Yang is ranked #4633 out of 12284 analysts.

Currently, the analyst consensus on Futu Holdings is a Strong Buy with an average price target of $171.56, which is a 51.8% upside from current levels. In a report issued on May 22, J.P. Morgan also downgraded the stock to Hold with a $87.00 price target.

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