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TC Energy price target raised to C$63 from C$60 at Morgan Stanley

Morgan Stanley analyst Robert Kad raised the firm’s price target on TC Energy to C$63 from C$60 and keeps an Underweight rating on the shares. In midstream, the firm expects a "largely in-line earnings season that reaffirms the sector’s stability, but offers limited catalysts," the analyst tells investors in a sector preview note.

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