By: Benzinga
UPDATE: Citigroup Initiates Toronto Dominion Bank Group at Buy on US Exposure
Citigroup initiated coverage on Toronto Dominion Bank Group (NYSE: TD ) with a Buy rating. Citigroup commented, "Among the major Canadian banks, TD has the most meaningful exposure to the US, both in terms of revenues (27% of the total) and pre-tax profit (16%). We believe TD is best
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