Barclays Maintains Equal-Weight on TC Energy, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen has maintained an Equal-Weight rating on TC Energy (NYSE:TRP) and increased the price target from $50 to $51.
December 04, 2023 | 12:24 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on TC Energy and raised the price target from $50 to $51, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a modestly positive view on the stock's potential performance. While the rating remains Equal-Weight, suggesting no major change in the stock's overall outlook, the higher price target could lead to some positive sentiment among investors in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100