Enbridge Shares Fall After Jefferies, TD Cowen Downgrades

MT Newswires Live

02/18

Enbridge (ENB) shares fell 3.1% in Tuesday trading after Jefferies and TD Cowen downgraded the stock to hold from buy.

Jefferies raised its price target to 76 Canadian dollars ($55.73) from CA$71, while TD Cowen increased its target to CA$72 from CA$70.

Intraday volume topped 6.13 million shares, compared with the daily average of almost 4.57 million.

Price: 51.50, Change: -1.67, Percent Change: -3.14

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