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Jefferies upgrades TC Energy to Buy and raises price target

Jefferies Financial Group logoJefferies Financial Group
Sig1.25Sen+1.30Env0.00Soc0.00Gov0.00
TC Energy logoTC Energy
Sig1.35Sen+2.10Env0.00Soc0.00Gov0.00

Jefferies upgraded TC Energy from hold to buy in a research report, lifting its C$102 price target from C$100. Other analysts also revised targets, including an RBC move to outperform with a higher C$106 target and a US Capital Advisors upgrade to moderate buy. Analysts’ ratings are mixed between buy and hold, with an average target near C$95.64.

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