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

CIBC Upholds 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 TC Energy's critical role in energy security and its potential to support AI data center growth. TC Energy's yield is 4.3%. the stock of CIBC declined by 0.321% while Manulife mortgage rates were noted. The Globe and Mail, Kalkine Media, and Seeking Alpha covered the significance of TC Energy and CIBC's decision. The Globe and Mail, Kalkine Media, and Seeking Alpha covered TC Energy's importance and CIBC's decision.

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