Scotiabank analyst Meny Grauman raised the firm’s price target on Royal Bank of Canada (RY) to C$197 from C$167 and keeps an Outperform rating on the shares.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RY:
- Royal Bank of Canada upgraded to Overweight from Equal Weight at Barclays
- Royal Bank of Canada price target raised to C$181 from C$169 at National Bank
- TD downgrades Royal Bank of Canada to Hold on valuation
- Royal Bank of Canada downgraded to Hold from Buy at TD Securities
- RBC Royal Bank cuts prime rate to 5.95% from 6.45%