🟢 Arxis is trading 4.19% up today after RBC upgraded it to Outperform

Arxis is trading up 4.19% at $49.51, with the gain most clearly linked to RBC Capital’s upgrade to Outperform.

• On October 2, RBC Capital upgraded Arxis from Sector Perform and raised its price target to $60 from $50.
• RBC cited M&A potential, execution upside, and pricing power.
• Broader markets were also higher, though available reporting does not establish them as the main driver.