TD Bank raised to Outperform at BMO as risks shift to upside

Dec. 19, 2024 11:17 AM ETThe Toronto-Dominion Bank (TD) StockBKXBy: Liz Kiesche, SA News Editor
(<1min)
TD Bank Sign Manhattan

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BMO Capital Markets upgraded TD Bank (NYSE:TD) to Outperform from Market Perform as the valuation of the stock appears to be heavily discounted as the bank faces stricter scrutiny from U.S. regulators following failures in its anti-money laundering controls.

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