RBC Upgrades Utilities Sector While Downgrading Energy
RBC Capital Markets has upgraded the Utilities sector to Overweight, naming it the top defensive sector, while downgrading Energy to Market Weight. The decision follows a survey of RBCs US analysts, which
RBC Capital scoffs at critics with Carvana upgrade
Acknowledging that there is skepticism surrounding its business model and ability to sustain profitability targets, RBC Capital joins the growing list of bulls in support of Carvana, raising its rating on the stock to Outperform from Sector Perform on the upside potential to retail unit estimates and a clearer path to durable free cash flow.
RBC Capital Upgrades Phreesia (PHR)
Fintel reports that on January 8, 2025, RBC Capital upgraded their outlook for Phreesia (NYSE:PHR) from Sector Perform to Outperform. Analyst Price Forecast Suggests 8.40% Upside As of December 24, 2024,
CIBC upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital upgraded CIBC (CM) to Outperform from Sector Perform with a price target of C$103, up from C$97. The firm believes CIBC is
RBC Capital Upgrades Carvana (CVNA)
Fintel reports that on January 7, 2025, RBC Capital upgraded their outlook for Carvana (NYSE:CVNA) from Sector Perform to Outperform. Analyst Price Forecast Suggests 30.86% Upside As of December 23, 2024,
Strength Seen in Carvana (CVNA): Can Its 6.6% Jump Turn into More Strength?
Carvana (CVNA) shares soared 6.6% in the last trading session to close at $188.85. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.
Texas Capital price target lowered to $88 from $90 at RBC Capital
RBC Capital analyst Jon Arfstrom lowered the firm’s price target on Texas Capital (TCBI) to $88 from $90 and keeps a Sector Perform rating on ...
VAT Group Shares Fall After Orders Miss Expectations
The company said the full-year Ebitda margin came in slightly above 31%, as gains from volume increases were partly offset by foreign-exchange headwinds. The result implies a full-year Ebitda of ...
RBC quantitative analyst makes 10 changes to his top 40 Canadian stock picks
Scotiabank analyst Mario Saric thinks the worst may be over for domestic office REITs, ...
ca.investing.com on MSN1d
Carvana stock jumps as RBC lifts rating to Buy
RBC Capital Markets on Monday upgraded Carvana (NYSE:CVNA) shares to Outperform, and lifted the target price to $280 from $270.
Wall Street cuts Exxon earnings views after fourth-quarter snapshot
Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in ...
Top 30 global stock ideas from RBC Capital Markets analysts
The research team at RBC Capital Markets published their top 30 global stock ideas for 2025, ...
BMO stock gets 20% price target hike, upgrade to 'Outperform' from RBC
Mihelic hiked his price target on Toronto-listed BMO shares from $133 to $161, while upgrading his rating to “Outperform” ...
Sterling and UK gilt prices tumble, pushing 10-year yield to highest since 2008
British government bond prices fell sharply for a second day on Wednesday, pushing 10-year yields to their highest since ...
Potential rise in M&A not yet priced into options market, says RBC Capital Markets' Amy Wu Silverman
Amy Wu Silverman, RBC Capital Markets head of derivatives strategy, joins CNBC's 'Squawk Box' to discuss market outlooks, ...