Barclays Lowers RBC Target Price to $216.52 Amid Maintained Buy Rating
Barclays analyst Brian Morton has maintained his buy rating for Royal Bank of Canada (RY.US) while adjusting its target price to $216.52.
This move comes after an analysis of the bank's performance, with Morton citing specific data from TipRanks that rates his recommendations.
According to TipRanks, Morton has a 37.3% success rate and an average return of -7.4% over the past year.