Barclays raised the firm’s price target on Royal Bank of Canada (RY) to C$182 from C$180 and keeps an Overweight rating on the shares. Canadian banks wrapped up Q2 earnings with four exceeding consensus, but headwinds remain with the impact of tariffs yet to be realized amid a weaker economic picture, the analyst tells investors in a research note.
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Read More on RY:
- Royal Bank of Canada price target raised to C$183 from C$182 at CIBC
- Royal Bank of Canada Updates By-Laws to Strengthen Governance
- Royal Bank of Canada price target raised to C$182 from C$174 at CIBC
- Royal Bank of Canada downgraded to Sector Perform from Outperform at National Bank
- Royal Bank of Canada price target lowered to C$186 from C$188 at Scotiabank
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