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.

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