TC Energy Corp. (TRP:CA): CIBC Keeps Target at C$103.00

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STA Research | September 29, 2026

TC Energy Corp. (TRP:CA) — CIBC maintained its Outperform rating and C$103.00 price target. TC Energy reported strong second-quarter operating and financial results across its natural-gas infrastructure and power businesses. Looking ahead, investors will be watching whether project delivery and contracted cash flow support earnings and dividend growth, while capital spending, financing costs and debt reduction remain important.

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