Wells Fargo upgraded Enbridge (ENB) to Equal Weight from Underweight with a price target of C$57, up from C$50. The firm sees “strong momentum” for the company into 2025 and potential natural gas tailwinds.
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Read More on ENB:
- Enbridge price target raised to C$59 from C$56 at BMO Capital
- Enbridge price target raised to C$58 from C$57 at National Bank
- Enbridge Inc. Reports Strong Q3 2024 Performance
- Options Volatility and Implied Earnings Moves Today, November 01, 2024
- Enbridge still sees adjusted EPS growth of 4%-6% from 2023 to 2026