Wells Fargo Upgrades TC Energy to Equal-Weight, Announces $47 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Edward Caso has upgraded TC Energy (NYSE:TRP) from Underweight to Equal-Weight and announced a price target of C$47.
September 08, 2023 | 1:20 pm
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TC Energy's stock rating has been upgraded by Wells Fargo from Underweight to Equal-Weight, with a new price target of C$47.
The upgrade from Underweight to Equal-Weight by Wells Fargo indicates a more positive outlook on TC Energy's stock. This could potentially attract more investors, driving the stock price up in the short term. The new price target of C$47 also suggests that Wells Fargo sees potential for growth in TC Energy's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100