The Globe and Mail reports in its Friday, Aug. 28, edition that RBC Dominion Securities analyst Darko Mihelic has reaffirmed his "outperform" recommendation for Toronto-Dominion Bank. The Globe's David Leeder writes in the Eye On Equities column that Mr. Mihelic boosted his share target to $173 from $156. Analysts on average target the shares at $164.70. Mr. Mihelic says in a note: "Stronger than expected third quarter results were broad-based across the segments, particularly in wholesale banking and corporate. The bank updated its total PCL [provisions for credit losses] guidance to near the lower end of its previously disclosed range and expects to significantly outperform its core EPS and core ROE targets for F2026. Its core ROE of 16 per cent this quarter was in line with its medium-term target of 16 per cent. The bank outlined its capital return potential as close to $13-billion over and above dividends next year -- we model $8-billion-plus in buybacks in 2027. ... On a consolidated basis, better than anticipated results were primarily driven by higher than expected net interest income and lower than modelled stage three (impaired) provision for credit losses (PCLs)."