RBC Capital cuts Walmart stock price target on softer guidance - Investing.com

Latest News About Royal Bank of Canada stock slips after recent market rally

Royal Bank of Canada equity fell on Wednesday. The stock lagged behind the overall market as shares sank 3 percent. The pullback came after a prior 50 percent surge that had boosted earnings projections for the bank.

RBC Capital analysts issued sector notes across multiple sectors. The firm trimmed price targets for Walmart and Advance Auto Parts. The firm also voiced concerns over Hershey market share losses. In further reports, RBC Capital picked top regulated utilities and predicted upside for MPLX.

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