RBC Capital Markets Upgrades Utilities Sector to O…
From Financial Modeling Prep: 2025-01-09 02:32:42
RBC Capital Markets upgrades Utilities sector to Overweight due to its defensive strength and positive performance outlook. Energy sector downgraded to Market Weight to balance ratings. Utilities show positive EPS and sales revisions, historical outperformance in volatile periods, and lower sensitivity to US dollar fluctuations.
Energy sector downgrade due to weaker analyst sentiment, challenges in fund flows and earnings revisions, and strategic balancing act. Despite downgrade, Energy remains a Market Weight, not underweight. Investors can use Sector P/E Ratio API to compare valuations and track earnings using Earnings Calendar API for informed decisions.
RBC’s upgrade of Utilities highlights defensive appeal, while Energy sector’s neutral positioning reflects tempered enthusiasm. Investors seeking stable returns may find Utilities attractive, while Energy remains a moderate growth play.
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