JP Morgan Maintains Overweight on Enbridge, Raises Price Target to C$60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains an Overweight rating on Enbridge and raises the price target from C$57 to C$60.
October 03, 2024 | 3:56 pm
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POSITIVE IMPACT
JP Morgan has maintained its Overweight rating on Enbridge and increased the price target from C$57 to C$60, indicating a positive outlook.
The increase in price target by JP Morgan suggests a positive outlook for Enbridge, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100