The Latest Breaking News from RBC Capital

RBC Capital Maintains Outperform Rating for CoStar Gr, Raises Price Target To $65

RBC Capital has decided to maintain its Outperform rating of CoStar Gr (NASDAQ:CSGP) and raise its price target from $60.00 to $65.00. Shares of CoStar Gr are trading up 0.73% over the last 24 hours, at $63.98 per share.

Benzinga · Apr 11, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 11, 2022

Upgrades

Benzinga · Apr 11, 2022

RBC Capital Initiates Raytheon Technologies At Outperform

Raytheon Technologies Corp (NYSE:RTX) coverage was initiated with an Outperform and a price target of $125 (an upside of 24.5%) by RBC Capital analyst Ken Herbert. The analyst believes that at 65% Defense and 35% Aero, RTX is setting a new standard for end-market exposure that will benefit from stronger defense fundamentals and the commercial…

Benzinga · Apr 8, 2022

What Are Whales Doing With Rivian Automotive

Someone with a lot of money to spend has taken a bearish stance on Rivian Automotive (NASDAQ:RIVN). 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.

Benzinga · Mar 25, 2022

Benzinga's Top Ratings Upgrades, Downgrades For March 25, 2022

Upgrades For Aris Water Solutions Inc (NYSE:ARIS), Capital One upgraded the previous rating of Equal-Weight to Overweight. The stock has a 52-week-high of $19.16 and a 52-week-low of $10.06. At the end of the last trading period, Aris Water Solutions closed at $18.55.

Benzinga · Mar 25, 2022

Analysts Bump Up AAR's Price Target Post Q3 Results

AAR Corp's (NYSE:AIR) price target has been raised to $56 (an upside of 12%) from $50 by RBC Capital analyst Ken Herbert while maintaining his Outperform rating on the shares.        The analyst notes AAR's Q3 results showed steady improvement, with aviation sales up just under 3% Q/Q. Herbert specifies that AAR faced…

Benzinga · Mar 23, 2022

Read Why RBC Capital Slashed Price Targets Of Uber, Lyft

RBC Capital analyst Brad Erickson slashed the price target on Uber Technologies Inc (NYSE:UBER) to $50 from $65 (57% upside) but kept an Outperform.  Erickson cut the price target on Lyft Inc (NASDAQ:LYFT) to $50 from $53 (37% upside) and kept an Outperform.  Erickson cited the findings from RBC's proprietary driver supply analysis that gave a relative…

Benzinga · Mar 21, 2022

PagerDuty Shares Soar As Analysts Foresee Sharp Upside Post Q4

Analysts continue to see sharp upside in PagerDuty Inc (NYSE:PD) post Q4 beat. Monness Crespi analyst Brian White raised the price target to $44 from $40 (64% upside) and kept a Buy. PagerDuty has a significant opportunity in the real-time digital operations market but a more modest valuation than other next-gen software vendors, White said.…

Benzinga · Mar 17, 2022

Truist, RBC Capital Cut VSE's Price Target Post Q4 Results

Truist analyst Michael Ciarmoli maintained the Buy rating on the shares of VSE Corp (NYSE:VSEC) and lowered the price target to $65 from $73. Ciarmoli remains optimistic about the company. RBC Capital analyst Ken Herbert lowered the price target on VSE to $65 (an upside of 47%) from $70 and kept an Outperform rating on the shares.…

Benzinga · Mar 11, 2022

CrowdStrike Shares Soar Premarket As Analysts Paint Huge Upsides Post Q4

Analysts painted a sharp upside to CrowdStrike Holdings Inc (NASDAQ:CRWD) after it reported a stronger than expected Q4 and initial FY23 growth outlook. ARR rose 65% Y/Y and grew to $1.73 billion, of which $216.9 million was net new ARR added in Q4. BTIG analyst Gray Powell upgraded to Buy from Neutral with a $257 PT (51.4%…

Benzinga · Mar 10, 2022