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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Published first on TheFly
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Read More on TRP:
- Chemours and TC Energy join to develop electrolysis-based hydrogen facilities
- TC Energy price target raised to C$52 from C$51 at Barclays
- TC Energy price target lowered to C$59.50 from C$60.50 at Credit Suisse
- TC Energy to issue first quarter 2023 results on April 28 and hold annual meeting of common shareholders on May 2
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