BMO Capital Maintains Outperform on TC Energy, Lowers Price Target to C$60
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Ben Pham has maintained an 'Outperform' rating on TC Energy (TSX:TRP), but lowered the price target from C$64 to C$60.
July 25, 2023 | 11:40 am
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BMO Capital has maintained an 'Outperform' rating on TC Energy but lowered the price target from C$64 to C$60.
The news is directly about TC Energy (TRP). While the 'Outperform' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the overall impact is neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100