Scotiabank Maintains Sector Perform on Enbridge, Raises Price Target to C$57
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Robert Hope maintains a Sector Perform rating on Enbridge and raises the price target from C$54 to C$57.
October 09, 2024 | 3:52 pm
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Scotiabank analyst Robert Hope maintains a Sector Perform rating on Enbridge and raises the price target from C$54 to C$57.
The increase in the price target from C$54 to C$57 by Scotiabank suggests a positive outlook on Enbridge's future performance. This could lead to a short-term positive impact on the stock price as investors may view the raised target as a sign of confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100