From todays Globe and Mail Ahead of the fourth-quarter earnings season for Canadian Energy Infrastructure companies, Credit Suisse analyst Andrew Kuske made a pair of rating changes.
He upgraded
Keyera Corp. (
KEY-T) to “outperform” from “neutral” with a
$36 target. The average is $34.06.
Conversely, he lowered
TC Energy Corp. (
TRP-T) to “neutral” from “outperform” with a
$70 target, exceeding the $67.39 average.
We continue to prefer the unique hybrid positioning and valuation of AltaGas Ltd. (ALA) and now highlight the dynamics facing Keyera Corp. (KEY)