Did BMO or Scotiabank upgrade or downgrade TRP on Feb 17, 2026?

Neither firm upgraded or downgraded TRP; both **maintained Outperform** on February 17, 2026 and raised price targets to **C$89** (BMO) and **C$93** (Scotiabank), reflecting modestly stronger outlooks.

How should investors interpret the TRP analyst rating changes for their holdings?

A maintained Outperform in the TRP analyst rating means analysts expect outperformance versus peers long term. Investors should treat it as supportive for holders but review dividend yield, capital plans, and regulatory risk before increasing position size.

Do the new TRP price targets imply a big upside from current market levels?

The raised TRP price targets narrow the gap to fair value but do not imply dramatic upside. They show incremental analyst confidence; investors should compare current price, dividend expectations, and firm fundamentals before acting.

What is Meyka AI’s view on TRP following the analyst notes?

Meyka AI rates TRP **B+**, combining analyst consensus, sector performance, and financial metrics. The maintained Outperform notes support a constructive stance, but investors should monitor execution and regulatory outcomes.

Analyst Ratings

Maintained Outperform: BMO and Scotiabank on TRP (TC Energy) Feb 17, 2026

ByHuzaifa Zahoor February 18, 2026February 18, 2026

On February 17, 2026 both BMO Capital and Scotiabank maintained Outperform on TRP, the stock of TC Energy Corporation, and raised price targets the same day. The TRP analyst rating move kept bullish views intact while nudging fair value higher: BMO moved its target to C$89 from C$83, and Scotiabank to C$93 from C$86. The market showed a modest reaction, about 0.4% (roughly $0.25), as investors parsed guidance and capital plans. This article reviews the Feb 17 actions, analyst logic, and what the TRP analyst rating means for investors.