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” from “Sector perform.” The stock closed 1.75 per cent higher at $141.55 per share on Wednesday, outpacing the BMO Equal Weight Banks Index ETF ( ZEB.TO ), a basket of Canada’s biggest lenders.
US stock market: RBC upgrades Utilities, downgrades Energy
On the other hand, RBC downgraded the Energy sector to Market Weight from Overweight. According to the note, the move was partly a strategic one to accommodate the upgrade of Utilities, as RBC prefers to maintain only three sectors with an Overweight rating.
RBC Capital Markets has upgraded the Utilities sector to Overweight, naming it the top defensive sector, while downgrading ...
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Amy Wu Silverman, RBC Capital Markets head of derivatives strategy, joins CNBC's 'Squawk Box' to discuss market outlooks, ...
Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings will take a hit from lower crude prices and narrowing refining margins during the final three months of 2024.
RBC Capital analyst Ashish Sabadra maintained a Hold rating on Cboe Global Markets (CBOE – Research Report) on January 6 and set a price target ...
Scotiabank analyst Mario Saric thinks the worst may be over for domestic office REITs, ...
Shares of ICON Public Limited Company (NASDAQ:ICLR) reached a two-month high on Tuesday after RBC Capital Markets launched ...
RBC Capital raised the firm’s price target on Verastem (VSTM) to $16 from $13 and keeps an Outperform rating on the shares as part of a broader ...
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