TD Securities Maintains Buy on Enbridge, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Linda Ezergailis has maintained a 'Buy' rating on Enbridge (NYSE:ENB) but lowered the price target from C$62 to C$58.
August 08, 2023 | 5:02 pm
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Enbridge's price target has been lowered from C$62 to C$58 by TD Securities, though the 'Buy' rating is maintained.
The news is directly about Enbridge and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100