The Latest Breaking News from RBC Capital

dentalcorp Holdings Ltd (TSX: DNTL) price target has been lowered to C$18 from C$20 by RBC Capital analyst Douglas Miehm. The analyst has an Outperform rating on the shares.

RBC Capital has decided to maintain its Sector Perform rating of Angi (NASDAQ:ANGI) and lower its price target from $7.00 to $6.00. Shares of Angi are trading up 3.08% over the last 24 hours, at $4.53 per share. A move to $6.00 would account for a 32.6% increase from the…

RBC Capital analyst Irene Nattel raised the price target for George Weston Ltd (TSX:WN) (OTC:WNGRF) to C$179 from C$165 with an Outperform rating on the shares. The analyst updated the model and valuation to reflect the actual Q1 share buyback at George Weston along with Q1 results. Nattel says that the constructive outlook on George Weston…

Ensign Energy Services Inc (TSX:ESI) (OTC:ESVIF) price target has been raised to C$6.50 from C$6 by RBC Capital analyst Keith Mackey. The analyst maintained the Outperform, Speculative Risk rating on the shares. Mackey stated that Ensign's 1Q22 results were in line with estimates, and the company modestly improved its financial liquidity through the disposition of…

Someone with a lot of money to spend has taken a bearish stance on Palantir Technologies (NYSE:PLTR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

RBC Capital has decided to maintain its Outperform rating of ADC Therapeutics (NYSE:ADCT) and lower its price target from $34.00 to $30.00. Shares of ADC Therapeutics are trading down 1.34% over the last 24 hours, at $7.71 per share.

Upgrades

RBC Capital analyst Geoffrey Kwan lowered the price target for IGM Financial Inc. (TSX:IGM) (OTC:IGIFF) to C$47 from C$53 while maintaining the Sector Perform rating on the shares. Kwan notes the reduced target reflects lower financial forecasts given the significant decline in equity markets since the last report. Kwan believes IGM is delivering the best…

Chorus Aviation Inc (TSX:CHR) (OTC:CHRRF) price target was raised to C$5 from C$4.75 by RBC Capital analyst Walter Spracklin. The analyst maintained the Outperform rating on the shares. Spracklin says, while Q1 was mixed, management provided solid new guidance on the back of the Falko acquisition. The analyst adds that the acquisition created the "world's…

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

RBC Capital analyst Luke Davis raised the price target of Topaz Energy Corp (TSX:TPZ) (OTC:TPZEF) to C$28 from C$27.50 while maintaining the Outperform rating on the shares. The analyst states that Topaz posted solid Q1/22 results underscored by meaningful free cash generation alongside increased guidance following the Keystone Royalty acquisition. Davis mentions that the management…