TC Energy's Fair Value Estimate Rises to CA$87.32, Analysts Weigh In on Growth and Valuation

TC Energy's estimated fair value has increased from CA$85.95 to CA$87.32, with recent analyst price targets clustering around this new estimate. RBC Capital, Scotiabank, and Wells Fargo have lifted their price targets into the C$89 to C$93 range, signaling confidence in TC Energy. However, CIBC and TD Securities have shifted to more cautious stances, citing prior share price strength and a view that earlier growth expectations are now reflected in the valuation.