The Globe and Mail reports in its Friday, May 29, edition that Canaccord Genuity analyst Matthew Lee continues to rank Toronto-Dominion Bank "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Lee gave his share target a $9 boost to $169. Analysts on average target the shares at $151.83. Mr. Lee says in a note: "TD reported solid Q2 results with better-than-expected earnings on the back of strong capital markets revenue, steady credit and improving P&C metrics. Our key takeaway was the firm's increasingly constructive commentary around its ROE trajectory, with management reiterating that the bank is currently expected to reach 16-per-cent ROE before its 2029 target. In addition, TD highlighted additional near-term tailwinds from its structural cost program (110 bps) and the reduction of its CET1 ratio to 13 per cent (90 bps), which complement growth in capital markets and a recovery of US P&C loan growth. We come away from the quarter more positive on the TD story. ... As TD continues to deliver on its loan growth, AI and credit ambitions, we believe that it will return to being a premium valuation story."