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.
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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%