National Bank Financial Inc Reinstates Sector Perform on Enbridge, Announces C$53 Price Target
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Patrick Kenny has reinstated Enbridge (TSX:ENB) with a Sector Perform rating and announced a price target of C$53.
September 12, 2023 | 1:22 pm
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Enbridge has been reinstated with a Sector Perform rating by National Bank Financial Inc, with a new price target of C$53.
The reinstatement of Enbridge with a Sector Perform rating by National Bank Financial Inc indicates a neutral outlook for the company. The new price target of C$53 suggests that the analyst sees potential for the stock's price to reach this level. This could influence investor sentiment and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100