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flag Bank of America raised Royal Bank of Canada’s price target but kept its rating at "Hold."

flag Bank of America raised Royal Bank of Canada's (TSE:RY) price target to C$227.00 from C$214.00, maintaining a Hold rating. flag The bank's stock has a consensus "Moderate Buy" rating and an average price target of C$206.00. flag Royal Bank of Canada, one of Canada's largest banks, offers various financial services, including personal and commercial banking, wealth management, insurance, and capital markets services. flag Insiders sold 42,026 shares recently, and the bank recently raised its quarterly dividend to C$1.54 per share.

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