
Key facts: RBC Price Targets Raised; Bank Advised on Arc, Led Fervo IPO

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Brokerages raised Royal Bank of Canada (RY) price targets this week: Canaccord C$280, TD C$272, Barclays C$260, CIBC C$279, Raymond James C$270.50, Desjardins C$275. 1Royal Bank of Canada advised on Arc Resources’ >C$20B Shell deal and was joint lead on Fervo Energy’s ~US$1.9B IPO, showing major capital-markets deal activity relevant to RY traders 2
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