Royal Bank of Canada stock fell on Wednesday. The stock trailed the overall market as shares slid 3 percent. The drop in value came after a prior 50 percent rally that had heightened earnings forecasts for the bank.
RBC Capital analysts published new commentary covering multiple sectors. The firm trimmed price targets for Walmart and Advance Auto Parts. The firm also raised concerns over Hershey market share slippage. In other sector notes, RBC Capital picked top regulated utilities and projected upside for MPLX.