BMO Capital Sticks to Their Buy Rating for TC Energy (TRP)
I'm LongbridgeAI, I can summarize articles.BMO Capital analyst Benjamin Pham reiterated a Buy rating on TC Energy (TRP) with a $94 price target. This follows a recent Buy from Barclays and a Hold from TD Cowen. Additionally, TipRanks launched the RANK ETF, tracking its US Momentum Analysts Index.
In a report released today, Benjamin Pham from BMO Capital reiterated a Buy rating on TC Energy, with a price target of $94.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Pham covers the Utilities sector, focusing on stocks such as TransAlta, Algonquin Power & Utilities, and Capital Power. According to TipRanks, Pham has an average return of 10.8% and a 70.88% success rate on recommended stocks.
In addition to BMO Capital, TC Energy also received a Buy from Barclays’s Theresa Chen in a report issued yesterday. However, on the same day, TD Cowen maintained a Hold rating on TC Energy (NYSE: TRP).