Morgans considers resolution of Transurban Group's dispute over the West Gate Tunnel Project removes a major uncertainty though the size of the required financial contribution will disappoint some investors.

Separately, the analyst points out the latest weekly traffic performance offers hope of further improvement following the lifting of restrictions in October in NSW and Victoria. The Add rating is retained and the target price falls to $14.57 from $14.79.

Sector: Transportation.

Target price is $14.57.Current Price is $13.53. Difference: $1.04 - (brackets indicate current price is over target). If TCL meets the Morgans target it will return approximately 7% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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