BofA Raises Royal Bank of Canada Price Target to $227
The Royal Bank of Canada (RBC) has had its price target raised by BofA to $227 from $216. This is according to TipRanks, a financial news and analytics platform.
TipRanks uses backtested results to evaluate the performance of various strategies and models. However, it's essential to note that these results are not indicative of future actual returns and should be viewed with caution.
The price target increase is based on historical data and may not reflect current market conditions or liquidity issues.