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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.

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

While we acknowledge the potential of TD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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