Barclays Maintains Equal-Weight on Enbridge, Raises Price Target to C$54
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Equal-Weight rating on Enbridge and raises the price target from C$53 to C$54.
October 03, 2024 | 3:33 pm
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Barclays analyst Theresa Chen maintains an Equal-Weight rating on Enbridge and raises the price target from C$53 to C$54.
The increase in the price target from C$53 to C$54 by Barclays suggests a slightly positive outlook on Enbridge's stock, which could lead to a minor positive impact on the stock price in the short term. The Equal-Weight rating indicates a neutral stance, but the raised target price reflects some optimism.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80