Why TD Bank Stock Was Rising Today
Toronto-Dominion (TD) Bank (NYSE: TD) saw its stock price move higher today, as it was up about 3.1% at 1:10 p.m. ET. It was trading at $62 per share at that time, down roughly 3.9% year to date.
The market was trending higher on Friday, as the S 500 was up 61 points (1.5%), the Dow Jones Industrial Average gained 415 points (1.3%), and the Nasdaq Composite rose 225 points (1.9%) at 1:10 p.m. ET.
TD Bank pushed higher on Friday, one day after it agreed to terminate its planned acquisition of First Horizon. TD Bank cited uncertainty as to when regulatory approvals can be obtained as the reason, adding that both parties mutually agreed to terminate the merger. But First Horizon has indeed been hit hard in this banking crisis, as its stock price is down 56% YTD.
Source Fool.com
Toronto-Dominion Bank Aktie
Die Community ist gespalten bezüglich Toronto-Dominion Bank, mit 3 Buy- und 2 Sell-Einschätzungen.
Bei einem Kursziel von 86 € für Toronto-Dominion Bank deutet sich eine Steigerung von über 50% vom aktuellen Kurs von 52.13 € an.
