J.P. Morgan Reaffirms Their Buy Rating on TC Energy (TRP)
I'm LongbridgeAI, I can summarize articles.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.
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.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
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).