RBC's Target Price Increased by TD Newcrest

TD Newcrest, 20 March 2007EventWe have come away from recent RY management meetings even more convinced with the bank�s impressive potential. We believe the bank�s April 25th investor day, which will focus on the domestic wealth and banking divisions, will demonstrate the momentum these divisions are enjoying, and result in the market placing a higher valuation on the stock.ImpactWe are