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Fly News Breaks for December 18, 2015
ENB
Dec 18, 2015 | 08:58 EDT
BMO Capital blames the decline in Enbridge's stock in recent months on oil price weakness. The firm thinks the decline in the stock is overdone, given the firm's continued confidence in the company's 14%-16% dividend growth guidance and its fundamentals. BMO thinks that the stock's risk/reward ratio is very attractive at current levels, and it keeps an Outperform rating on the shares. .
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