---
title: "J.P. Morgan Reaffirms Their Buy Rating on TC Energy (TRP)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293472237.md"
description: "J.P. Morgan analyst Jeremy Tonet reaffirmed a Buy rating on TC Energy (TRP) with a C$106 price target, noting the stock closed at C$96.82. Scotiabank also issued a Buy rating, while Jefferies maintained a Hold rating."
datetime: "2026-07-22T12:17:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293472237.md)
  - [en](https://longbridge.com/en/news/293472237.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293472237.md)
---

# J.P. Morgan Reaffirms Their Buy Rating on TC Energy (TRP)

J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on TC Energy yesterday and set a price target of C$106.00. The company’s shares closed yesterday at C$96.82.

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According to TipRanks, Tonet is a 5-star analyst with an average return of 8.9% and a 58.67% success rate. Tonet covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Hess Midstream Partners, and Western Midstream Partners.

In addition to J.P. Morgan, TC Energy also received a Buy from Scotiabank’s Robert Hope in a report issued yesterday. However, today, Jefferies maintained a Hold rating on TC Energy (NYSE: TRP).

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## Related News & Research

- [TC Energy Corporation (NYSE:TRP) Declares Quarterly Dividend of C$0.88](https://longbridge.com/en/news/294422435.md)
- [TC Energy beats quarterly profit estimates](https://longbridge.com/en/news/294345675.md)
- [What is Scotiabank's Forecast for TC Energy FY2027 Earnings?](https://longbridge.com/en/news/293882761.md)
- [TC Energy Quarterly Earnings Rise on Higher Natural Gas Flows](https://longbridge.com/en/news/294357200.md)
- [Infrastructure Capital Advisors LLC Acquires 66,257 Shares of TC Energy Corporation $TRP](https://longbridge.com/en/news/294048953.md)