RBC Capital Reiterates Outperform on Enbridge, Maintains C$55 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Maurice Choy has reiterated an Outperform rating on Enbridge (TSX:ENB) and maintained a price target of C$55.

December 20, 2023 | 2:21 pm
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RBC Capital analyst reaffirms Outperform rating on Enbridge with a maintained price target of C$55.
The reiteration of an Outperform rating by a major analyst like RBC Capital typically instills confidence in investors and can have a positive impact on the stock's short-term performance. The maintenance of the price target suggests that the analyst's view on the company's value and prospects remains unchanged, which could further bolster investor sentiment.
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IMPORTANCE 80
RELEVANCE 100