Barclays Upgrades TC Pipelines (TCP) to Equalweight

Barclays analyst Christine Cho upgraded TC Pipelines (NYSE: TCP) from Underweight to Equalweight with a price target of $40.00 (from $33.00).

• Upgrades due to FERC tax policy revisions which are now in the rear-view mirror along with de-risking in Bison re-contracting.

For an analyst ratings summary and ratings history on TC Pipelines click here. For more ratings news on TC Pipelines click here.

Shares of TC Pipelines closed at $36.50 yesterday.

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