The Latest Breaking News from RBC Capital

Someone with a lot of money to spend has taken a bearish stance on Teladoc Health (NYSE:TDOC). 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.

RBC Capital analyst Greg Pardy raised the price target for Baytex Energy Corp (TSX:BTE) (OTC:BTEGF) to C$7 from C$6 while maintaining the Sector Perform rating on the shares. Pardy notes Baytex is off to a nice start in 2022 amid ongoing debt reduction and impressive drilling results in its emerging Clearwater oil play. The analyst…

Analysts reduced their price target on Domino's Pizza Inc (NYSE:DPZ) after its Q1 earnings miss. RBC Capital analyst Christopher Carril lowered the price target to $440 from $480 (29% upside). Carril maintained an Outperform rating on the shares. The analyst specified that the delivery staffing challenges are the primary driver of weakness. Wedbush analyst Nick Setyan maintained…

RBC Capital analyst Maurice Choy raised the price target for Atco Ltd (TSX: ACO.X) (OTC: ACLLF) to C$49 from C$47 with a Sector Perform rating on the shares.

Vermilion Energy Inc (TSX: VET) (NYSE: VET) price target has been raised to C$28 from C$26 by RBC Capital analyst Greg Pardy.

RBC Capital has decided to maintain its Outperform rating of Hershey (NYSE:HSY) and raise its price target from $214.00 to $237.00. Shares of Hershey are trading down 0.37% over the last 24 hours, at $227.14 per share. A move to $237.00 would account for a 4.34% increase from the current…

Someone with a lot of money to spend has taken a bearish stance on ServiceNow (NYSE:NOW). 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.

RBC Capital has decided to maintain its Outperform rating of TE Connectivity (NYSE:TEL) and raise its price target from $153.00 to $158.00. Shares of TE Connectivity are trading down 0.2% over the last 24 hours, at $124.93 per share.

RBC Capital has decided to maintain its Outperform rating of Valero Energy (NYSE:VLO) and raise its price target from $108.00 to $120.00. Shares of Valero Energy are trading up 3.21% over the last 24 hours, at $108.52 per share.