What exactly changed in the OR analyst rating on Feb 23, 2026?

TD Securities on Feb 23, 2026 maintained a **Hold** for OR and cut the price target to **C$64** from **C$67**. The note reflects cautious near-term views while keeping the rating steady.

How should investors interpret a maintained Hold in the OR analyst rating?

A maintained Hold in the OR analyst rating means limited expected upside and no urgent sell signal. It suggests investors review fundamentals and await clearer catalysts before increasing exposure.

Did the OR analyst rating move affect the stock price?

Yes. The TD note coincided with a **-6.23% ($-2.79)** move. With a market cap of **$8,408,608,412**, the single-firm action influenced short-term sentiment but did not create broad analyst consensus.

Where can I read the TD price-target note and OR earnings transcript?

TD’s price-target change is summarized on TheFly [source](https://thefly.com/permalinks/entry.php/id4298585/2660286394/OR-OR-Royalties-price-target-lowered-by-C-at-TD-Securities). The Q4 2025 earnings call transcript is available on Seeking Alpha [source](https://seekingalpha.com/article/4872187-or-

Analyst Ratings

OR Royalties Inc. (OR) Feb 2026 TD Securities Maintains Hold

ByDanny Kontos February 24, 2026February 24, 2026

TD Securities on February 23, 2026 maintained a Hold on OR Royalties Inc. This action cut the price target to C$64 from C$67, and is the main OR analyst rating move investors should note. The change followed Q4 2025 company commentary and comes as OR shares show a recent decline of -6.23% ($-2.79). The single TD action keeps analyst sentiment cautious while markets digest company execution updates and portfolio details. We use Meyka AI-powered market analysis to place this OR analyst rating into context for investors.