CIBC Remains a Buy on TC Energy (TRP)
I'm LongbridgeAI, I can summarize articles.CIBC analyst Robert Catellier reiterated a Buy rating on TC Energy (TRP) with a C$103 price target. This follows a July 8 Buy from Wells Fargo, while Jefferies maintained a Hold rating. Additionally, TipRanks launched the RANK ETF, tracking its US Momentum Analysts Index of 50 large U.S. companies.
In a report released today, Robert Catellier from CIBC reiterated a Buy rating on TC Energy, with a price target of C$103.00.
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.
Catellier covers the Energy sector, focusing on stocks such as Keyera Corp., AltaGas, and Pembina Pipeline. According to TipRanks, Catellier has an average return of 10.2% and a 68.09% success rate on recommended stocks.
In addition to CIBC, TC Energy also received a Buy from Wells Fargo’s Praneeth Satish in a report issued on July 8. However, on the same day, Jefferies maintained a Hold rating on TC Energy (NYSE: TRP).