Scotiabank Raises its Price Target on Toronto-Dominion Bank (TD)

The Toronto-Dominion Bank (NYSE:TD) is one of the 10 All-Time High Stocks with Legs to Rally Further.

On June 16, 2026, Scotiabank raised its price target on The Toronto-Dominion Bank (NYSE:TD) to C$169 from C$165 and maintained an Outperform rating.

Earlier in June, RBC Capital raised its price target on The Toronto-Dominion Bank (NYSE:TD) to C$156 from C$138 and maintained an Outperform rating.

Last month, The Toronto-Dominion Bank (NYSE:TD) reported Q2 adjusted EPS of C$2.38, compared with C$1.97 last year, and adjusted revenue of C$16.04B, compared with C$15.14B last year. Group President and CEO Raymond Chun called it “another strong quarter,” citing record Q2 earnings in Canadian Personal and Commercial Banking, all-time high earnings in Wealth Management and Insurance and Wholesale Banking, and accelerating momentum in U.S. Banking. Chun also noted a fourth consecutive quarter of positive adjusted operating leverage and continued progress on AML remediation and enhancements.

Scotiabank Raises its Price Target on Toronto-Dominion Bank (TD)

The Toronto-Dominion Bank (NYSE:TD) provides financial products and services in Canada, the United States, and internationally.

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