RBC Capital Reiterates Outperform on TC Energy, Maintains C$59 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Maurice Choy has reiterated an Outperform rating on TC Energy (TSX:TRP) and maintained a price target of C$59.
May 28, 2024 | 2:23 pm
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POSITIVE IMPACT
RBC Capital has reiterated an Outperform rating on TC Energy and maintained a price target of C$59, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and the maintenance of a price target by a reputable analyst like Maurice Choy from RBC Capital suggests strong confidence in TC Energy's future performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100