Canada’s Toronto-Dominion Bank has received all regulatory approvals to complete its $1.3 billion acquisition of New York-based boutique investment bank Cowen Inc., the companies said on Friday. The deal is expected to close on March 1, they said. TD announced the buyout in August, building on its strategy to expand in the United States. Last…
Canada’s TD Gets Regulatory Nod for $1.3 Billion Purchase of Cowen
Here’s Why Cowen Sees Notable Upside in AMD
Cowenanalyst Matthew Ramsay raised the price target on Advanced Micro Devices Inc to $150 from $145 and reiterated an Outperform rating on the shares. The price target implies an upside of 12 percent. The analyst told investors not to overlook its organic strength despite the deal delay. He said it shouldn’t distract from what remains one of the best…
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