UBS Upgrades TC Energy to Buy, Raises Price Target to C$71
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has upgraded TC Energy from Neutral to Buy and increased the price target from C$61 to C$71.
September 30, 2024 | 6:19 pm
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POSITIVE IMPACT
UBS has upgraded TC Energy to Buy and raised the price target to C$71, indicating a positive outlook for the company's stock.
The upgrade from Neutral to Buy by UBS, along with a significant increase in the price target, suggests a positive short-term impact on TC Energy's stock price. Such analyst upgrades typically lead to increased investor confidence and buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100