# RBC Capital Markets Shifts Technology Rating to Market Weight

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/31858
Published: 2026-10-14T13:51:17.000Z
Updated: 2026-10-14T13:51:17.000Z
Section: Investing

> The bank lowered its recommendation from overweight after the sector outperformed the broader market beginning in late July.

RBC Capital Markets shifted its technology-sector rating from overweight to market weight after strong gains left valuations stretched.

Technology sharply outperformed the broader market beginning in late July. The rating change reflects RBC’s view that valuations have become stretched after that advance.