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0 0 0 -0.00031357792411408 -0.000862339291313887 0.000783944810285423 0.00274380683599881 0.00282220131702728
Stock impact report

CIBC Upgrades TC Energy (TRP) to Outperformer [Yahoo! Finance]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Company Research Source: Yahoo! Finance
On April 23, 2026, CIBC upgraded TC Energy Corporation (NYSE:TRP) to Outperformer from Neutral and raised its price target to C$89 from C$85 as part of its first-quarter energy infrastructure preview. The firm said Q1 could be an unusual period where market sentiment diverges from reported results due to the Iran conflict and its impact on commodity prices. CIBC added that the situation could drive long-term demand for North American infrastructure as customers look to reduce reliance on the Strait of Hormuz. The upgrade also reflected stronger expected returns from TC Energy's recent projects. On April 19, 2026, Goldman Sachs upgraded TC Energy Corporation (NYSE:TRP) to Neutral from Sell and assigned a $62 price target. The firm said TC Energy has successfully transitioned into a pure-play natural gas and power infrastructure company following the spin-off of South Bow. Goldman said the company now offers a more utility-like risk profile that looks increasingly attractive in a vol Show less Read more
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