Scotiabank Maintains Outperform on TC Energy, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Robert Hope maintains an Outperform rating on TC Energy (NYSE:TRP) but lowers the price target from $66 to $64.
July 25, 2023 | 4:40 pm
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Scotiabank has maintained an Outperform rating on TC Energy but lowered the price target from $66 to $64.
The news is directly related to TC Energy. 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 impact on the stock price is uncertain as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100