TC Energy (TRP) Price Target Upped to C$78 at Raymond James

TC Energy Corporation (NYSE:TRP) is included among the 15 Best High Yield Energy Stocks to Buy Right Now.

TC Energy (TRP) Price Target Upped to C$78 at Raymond James

TC Energy Corporation (NYSE:TRP) is one of North America’s leading energy infrastructure companies with operations in the natural gas and power industries.

On March 30, Raymond James raised its price target on TC Energy Corporation (NYSE:TRP) from C$74 to C$78, while maintaining a ‘Market Perform’ rating on the shares. The bumped target still indicates a downside of over 11% from the current levels.

TC Energy Corporation (NYSE:TRP) reported a comparable EBITDA of $11 billion in 2025, up from $10 billion in 2024. The company expects this growth to continue, with 2026 comparable EBITDA projected to be in the range of $11.6 billion to $11.8 billion. TC Energy also expects its comparable EPS for the year to be higher than 2025 levels. Meanwhile, the company is forecasting its 2026 CapEx to be between $6 billion and $6.5 billion, prior to adjustments for non-controlling interests.

TC Energy Corporation (NYSE:TRP) was also recently included in our list of the 13 Best Oil and Gas Storage Stocks to Buy According to Hedge Funds.

While we acknowledge the risk and potential of TRP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TRP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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