Wells Fargo analyst Praneeth Satish raised the firm’s price target on Enbridge (ENB) to C$62 from C$60 and keeps an Equal Weight rating on the shares. The company reported a Q2 beat, says the firm, which keeps a neutral rating due to valuation.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENB:
- Enbridge Reports Record Q2 Earnings and Strategic Investments
- Enbridge Inc. Earnings Call Highlights Growth and Challenges
- Enbridge files automatic mixed securities shelf
- Enbridge’s Strong Q2 Performance and Strategic Growth Reinforce Buy Rating
- Enbridge Reports Record Q2 EBITDA and Announces Strategic Investments