Credit Suisse Maintains Outperform on Royal Bank of Canada, Raises Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Han Joon Kim has maintained an 'Outperform' rating on Royal Bank of Canada (NYSE:RY) and raised the price target from C$138 to C$139.
August 25, 2023 | 4:57 pm
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Credit Suisse has maintained an 'Outperform' rating on Royal Bank of Canada and raised the price target, indicating a positive outlook for the stock.
The 'Outperform' rating maintained by Credit Suisse indicates that the bank expects Royal Bank of Canada to outperform the market. The increase in the price target from C$138 to C$139 suggests that the bank sees potential for the stock's price to increase, which could have a positive impact on the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100