RE:RE:TRP Upgrade DeanEdmonton wrote: Cerman - I agree with you. I wasn't going to buy anymore becasue I already have more than a full position, but at yesterdays prices I just had to. It was trading at Feb- Mar 2020 lows like we are back in the Pandemic crash.
cherman wrote: Raymond James upgraded TC Energy from Mkt Perform to Outperform with price target C$64
I believe it's way oversold. Attractive and safe dividend of 7%.
I'd have to second those comments.
$TRP trading at a price below that of Enbridge is not something that I expected, nor do I think it is warranted, so I'm not surprised to see some analyst upgrades after this recent sell-off over the past few months. Looking at a longer term chart, $TRP definitely appeared to be overdone in terms of all the selling.
GLTA