The Latest Breaking News from RBC Capital

RBC Capital Market reduced the target price for HCA Healthcare Inc (NYSE:HCA) from $291 to $267 (26.5% upside), noting the shares were well oversold on Friday (-22%) after a ~5.5% guide-down on known labor headwinds.  The analysts continue to view the labor backdrop as largely transitory and believe HCA management is well equipped to…

EverGen Infrastructure Corp (TSXV:EVGN) (OTC:EVGIF) price target has been lowered to C$6 from C$7 by RBC Capital analyst Nelson Ng. The price target supports an Outperform, Speculative Risk rating. The analyst continues to see upside once management executes on its RNG development plans. He adds that the project delays in both near-term projects, due to…

 

Upgrades

PrairieSky Royalty Ltd (TSX: PSK) (OTC: PREKF) price target has been raised to C$22 from C$21 by RBC Capital analyst Luke Davis.

RBC Capital analyst Alexander Jackson raised the price target on Solaris Resources Inc (TSX:SLS) (OTC:SLSSF) to C$20 from C$18 while maintaining the Outperform rating on the shares. Solaris' Warintza Project remains one of the analyst's favorite undeveloped copper projects, and the mineral resource update confirmed the meaningful scale and above-average grades at Central, which, in…

RBC Capital analyst Douglas Miehm raised the price target for Dialogue Health Technologies Inc (TSX: CARE) to C$10 from C$9 with the Sector Perform rating on the shares.

RBC Capital analyst Alexander Jackson raised the price target for Russel Metals Inc (TSX:RUS) (OTC:RUSMF) to C$41 from C$40 to incorporate higher near-term steel prices. The analyst maintained the Outperform rating on the shares. Jackson believes Russel will report a strong quarter that, excluding 2021, ranks as one of the company's best in terms of…

Ensign Energy Services Inc (TSX:ESI) (OTC:ESVIF) has been upgraded to Outperform from Sector Perform, with the price target raised to C$6 from C$3.35 by RBC Capital analyst Keith Mackey. The analyst believes the risk/reward equation has moved in the company's favor as global rig counts increase and North American rig utilization tightens.  Mackey says…