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Fly News Breaks for November 4, 2019
TRP
Nov 4, 2019 | 07:44 EDT
TD Securities analyst Linda Ezergailis downgraded TC Energy to Buy from Action List Buy, stating that while she still views the shares as offering good value, her unchanged C$76.00 price target no longer justifies an Action List Buy rating. Ezergailis noted that the company's Q3 results slightly exceeded her expectations, primarily due to strong contributions from Liquids Pipelines and Bruce Power as TC Energy continues to benefit from completion of its capital projects.
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