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Fly News Breaks for October 15, 2019
ENB
Oct 15, 2019 | 06:26 EDT
Barclays analyst Christine Cho downgraded Enbridge to Equal Weight from Overweight with a price target of C$51, down from C$52. The analyst thinks the stock's risk/reward is "more fairly balanced at this juncture," especially given the continued headline risks around Line 3 and Line 5. She notes Enbridge has outperformed peers since August 1, 2019.
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