TC Energy Corp. (TRP:CA): CIBC Keeps Target at C$103.00 - The Globe and Mail

CIBC Sticks to Target Price for TC Energy

CIBC kept its target price for TC Energy Corp. at C$103.00. The bank based this on TC Energy's role in energy security and its potential to boost AI data center growth. TC Energy's yield is 4.3%. CIBC's stock fell 0.321% while Manulife mortgage rates were noted. The Globe and Mail, Kalkine Media, and Seeking Alpha covered TC Energy's importance and CIBC's decision. CIBC kept its target price for TC Energy Corp. at C$103.00. The bank based this on the importance of TC Energy in energy security and its potential to boost AI data center growth. TC Energy's yield is 4.3%. CIBC's stock dropped by 0.321% while Manulife mortgage rates were noted. The Globe and Mail, Kalkine Media, and Seeking Alpha covered TC Energy's importance and CIBC's decision. TC Energy's importance and CIBC's decision were highlighted by The Globe and Mail, Kalkine Media, and Seeking Alpha.

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