Wall Street is Bullish on Toronto-Dominion Bank (TD), Here’s Why

The Toronto-Dominion Bank (NYSE:TD) is one of the Best Performing Financial Stocks So Far in 2025. Wall Street has been bullish on The Toronto-Dominion Bank (NYSE:TD) since the company topped revenue and EPS estimates in its fiscal third quarter of 2025. The company posted a revenue of $10.22 billion, which was down 2.35% year-over-year but ahead of expectations by $357.41 million. In addition, the EPS of $1.60 also topped estimates by $0.14.

Several analysts have reiterated their bullish sentiment on the stock. On August 29, a day after the earnings release, Douglas Young from Desjardins reiterated a Buy rating on The Toronto-Dominion Bank (NYSE:TD) and raised the price target from C$107 to C$110.

More recently, on September 5, Paul Holden from CIBC also raised the price target on the stock from C$109 to C$112, while reiterating a Buy rating on the stock. The analyst believes that the consensus estimates for Canadian Banks remain conservative, thereby positioning the banks to outperform.

The Toronto-Dominion Bank (NYSE:TD) operates as a major North American bank providing a broad range of financial services across four main segments, including Canadian Personal and Commercial Banking, U.S. Retail Banking, Wealth Management and Insurance, and Wholesale Banking.

While we acknowledge the potential of TD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TD and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.