Keefe Bruyette reinstated coverage of The Bank of Nova Scotia on August 21, 2026. The firm issued an Outperform rating and set a price target of C$148. Analysts highlighted the bank's domestic market position and U.S. expansion as key strategic strengths.
Barclays analyst Brian Morton raised the firm's price target on Scotiabank to C$130 from C$110. The firm maintained an Equal Weight rating. This update arrived during a fiscal Q3 earnings preview where Barclays projected stable performance for the Canadian banking sector.