Barclays Maintains Equal-Weight on Enbridge, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen has maintained an Equal-Weight rating on Enbridge (NYSE:ENB) and lowered the price target from C$54 to C$48.
October 18, 2023 | 12:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Enbridge's price target has been lowered by Barclays from C$54 to C$48, while maintaining an Equal-Weight rating.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Enbridge's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100