RBC Capital Upgrades Richemont to Outperform, Boosts PT

08:32 AM EDT, 07/16/2026 (MT Newswires) -- RBC Capital on Thursday upgraded luxury goods company Compagnie Financière Richemont (CFR.SW, CFR.JO) to outperform from sector perform and increased its price target to 220.00 francs from 200.00 francs. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)