Barclays Maintains Equal-Weight on TC Energy, Raises Price Target to $55
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 $53 to $55.
January 29, 2024 | 8:13 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on TC Energy and raised the price target from $53 to $55.
The increase in price target by Barclays suggests a positive outlook on the stock, which could lead to a short-term increase in its price. However, since the rating remains Equal-Weight, the impact may be moderate rather than significant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100