TD Keeps Buy Ratings on Canfor and Definity but Trims Price Targets
TD maintained Buy ratings on Canfor Corp. and Definity Financial Corp. but cut their price targets to C$18.00 and C$87.00, according to Baystreet data.
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what happened
TD kept its Buy rating on Canfor Corp. and Definity Financial Corp. while lowering price targets on both stocks. The Canfor target was reduced to C$18.00 per share from C$20.00, and the Definity Financial target was cut to C$87.00 from C$93.00.
Baystreet published the ratings actions on October 14, 2026 at 15:31 GMT, as part of its daily list of analyst moves.
why it matters
Lower price targets alongside an unchanged Buy rating point to a revised valuation estimate from TD rather than a change in its overall view of either company. Such adjustments usually reflect an update to an analyst's model, so investors may want to compare them with other analyst notes and the companies' own results.
tags
instruments
sources
- Canfor Corp. Is Maintained at Buy by TD — Newsmetry API, 14 October 2026 at 15:31 UTC
- Definity Financial Corp. Is Maintained at Buy by TD — Newsmetry API, 14 October 2026 at 15:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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