Canadian Banks Face Uncertainty Ahead of Q3 Earnings, TD and EQB Stocks Adjusted by Analysts

Wednesday, Aug 13, 2025 7:25 am ET1min read

Canadian banking sector analyst Doug Young predicts uncertainty throughout earnings season due to geopolitical tensions. His team remains overweight the sector, with Toronto-Dominion Bank (TD-T) upgraded to "buy" from "hold" with a $107 target. Young also warns that EQB Inc. (EQB-T) may have a tough quarter, but maintains a "buy" rating with a $110 target.

Canadian Banks Face Uncertainty Ahead of Q3 Earnings, TD and EQB Stocks Adjusted by Analysts

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