RBC Capital

A key market narrative of 2024 has been the U.S. Dollar’s remarkable strength, with data showing that it is trading at levels last seen 22 years ago in 2002. Wall Street is anticipating this bullish momentum to continue into the new year as President-elect Donald Trump‘s proposed tax...

The year 2024 saw the U.S. stock market make new records, with major indices breaching key milestones. While many stocks witnessed a stellar rally this year, analysts still expect some blue-chip equities to rise further as they forecast a better return potential. Dow’s Performance In 2024 The...

UiPath Inc (NYSE:PATH) analysts stay mostly on the sidelines with concerns for the short-term after the company reported third-quarter financial results Thursday. The PATH Analysts: Oppenheimer analyst Brian Schwartz maintained a Perform rating on UiPath with no price target. RBC Capital Markets...

Tesla Inc (NASDAQ:TSLA) analysts Tom Narayan and Brad Erickson highlight the company's potential with FSD and robotaxis and also share thoughts on whether the electric vehicle giant could work with Uber Technologies (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) instead of competing against them. Tesla FSD...

Amazon.com Inc (NASDAQ:AMZN) analysts see strength in AWS, retail and advertising after the company’s third-quarter results. The Amazon Analysts: Bank of America analyst Justin Post reiterated a Buy rating on Amazon and raised the price target from $210 to $230. Wedbush analyst Scott Devitt...

Analysts see Adobe Inc (NASDAQ:ADBE) benefitting from new product announcements and a focus on GenAI value add-ons unveiled at the company’s MAX 2024 Creativity Conference this week. The Adobe Analysts: JMP Securities analyst Patrick Walravens maintained a Market Perform rating with no price...

Analysts say Tesla Inc‘s (NASDAQ:TSLA) stock could continue to slide after the lack of clear business plans for Robotaxis and no updates on the lower-cost production vehicle, following the highly anticipated Robotaxi Day on Thursday. The Tesla Analysts: Wedbush analyst Daniel Ives...

General Motors Co. (NYSE:GM) shares are trading higher on Wednesday. The rise comes after positive analyst notes from Wedbush Securities and RBC Capital, which reiterated their bullish stances on the automaker's future. During the 2024 Investor Day, GM's management also provided crucial updates on...

Insurance, regional banks, fitness centers, utilities, hospitals and theme parks are among the sectors that could be negatively impacted when Hurricane Milton hits Florida Wednesday night or early Thursday morning. Here's a look at some of the sectors and stocks that investors should be watching...

Vistra Corp. (NYSE:VST) and Constellation Energy Corp. (NASDAQ:CEG) shares traded higher Thursday after RBC Capital raised price targets on both stocks amid growing demand for energy to power data centers and other AI infrastructure.  The Details: Energy stocks continue to climb as demand for...

Nike Inc's (NYSE:NKE) first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts. The Nike Analysts: RBC Capital analyst Piral Dadhania maintained a Sector Perform rating and...

The announcement that Nike Inc (NYSE:NKE) is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth. The Nike Analysts: Piper...

Software company Docusign Inc (NASDAQ:DOCU) could share more on its goal of improving profitability and recent company expansions when the company announces second-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect Docusign to report second-quarter revenue of...

Walmart Inc (NYSE:WMT) analysts are highlighting the company’s market share gains and improving gross margins in the retailer’s second-quarter earnings report. The Walmart Analysts: Bank of America analyst Robert Ohmes reiterated a Buy rating and raised the price target from $75 to $...

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) draws mixed reactions from analysts over its partnerships and focus on profitability after reporting second-quarter financial results. The Rivian Analysts: Needham analyst Chris Pierce reiterated a Buy rating and lowered the price target...