JP Morgan Maintains Neutral on TC Energy, Lowers Price Target to C$59
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained a Neutral rating on TC Energy, while lowering the price target from C$60 to C$59. This adjustment reflects a slight change in JP Morgan's valuation of TC Energy.
April 16, 2024 | 2:20 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on TC Energy and lowered the price target from C$60 to C$59.
The adjustment in price target by JP Morgan is a minor change, indicating a stable but cautious outlook on TC Energy. This is likely to have a neutral short-term impact on the stock as the rating remains unchanged and the price target adjustment is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90