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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100