TC Energy Reaches Analyst Target Price
January 29, 2020 at 08:15 AM EST
In recent trading, shares of TC Energy Corp (TRP) have crossed above the average analyst 12-month target price of $55.22, changing hands for $55.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..