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Analysts Have Conflicting Sentiments on These Financial Companies: Toronto Dominion Bank (TD) and Canadian Bank of Commerce (CM)

Tipranks - Sat Feb 28, 3:32PM CST

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Toronto Dominion Bank (TDResearch Report) and Canadian Bank of Commerce (CMResearch Report).

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Toronto Dominion Bank (TD)

Desjardins analyst Douglas Young maintained a Buy rating on Toronto Dominion Bank today and set a price target of C$145.00. The company’s shares closed last Friday at $97.36.

According to TipRanks.com, Young is a 5-star analyst with an average return of 14.9% and a 72.7% success rate. Young covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Royal Bank Of Canada. ;'>

Toronto Dominion Bank has an analyst consensus of Moderate Buy, with a price target consensus of $108.23, a 10.1% upside from current levels. In a report issued on February 12, Canaccord Genuity also maintained a Buy rating on the stock with a C$141.00 price target.

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Canadian Bank of Commerce (CM)

National Bank analyst Gabriel Dechaine maintained a Hold rating on Canadian Bank of Commerce today and set a price target of C$150.00. The company’s shares closed last Friday at $101.00.

According to TipRanks.com, Dechaine is a 5-star analyst with an average return of 9.9% and a 68.6% success rate. Dechaine covers the Financial sector, focusing on stocks such as Toronto Dominion Bank, Royal Bank Of Canada, and Bank Of Nova Scotia. ;'>

Currently, the analyst consensus on Canadian Bank of Commerce is a Moderate Buy with an average price target of $110.00, representing a 6.1% upside. In a report issued on February 12, Canaccord Genuity also maintained a Hold rating on the stock with a C$136.00 price target.

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