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Td bank stock price forecast from top equity research desks

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TD Bank stock price forecast from top equity research desks suggests limited downside risk due to conservative loan provisions, with a projected price target of CAD 85 by year-end, assuming continued strength in wealth management and payment services. Every week, the Financial Post breaks down the most interesting developments in the week’s world of investing, from top performers to surprising analyst calls and stocks to have on your radar. TD shares closed at $92.41 on the TSX Thursday, up $2.91, or 3.24 per cent, on the day, and were up around 0.5 per cent as of 10:30 a.m. Friday. With the Canadian banking sector outperforming global peers, TD Bank stock price forecast sees potential for a 6–8% rally over the next six months, supported by higher fee-based income and normalized loan growth in consumer and corporate segments.