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-9.6385542168587E-05 -0.00125301204819273 -0.000385542168674622 -0.000385542168674622 0.00298795180722894 0.0045301204819277 0.0060722891566266 0.00645783132530122
Stock impact report

Citi Raises Enbridge (ENB) Valuation after Reviewing Fourth-Quarter Performance [Yahoo! Finance]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: Yahoo! Finance
On February 19, Citi raised its price recommendation on Enbridge Inc. (NYSE:ENB) to C$77 from C$75. It reiterated a Buy rating on the stock. Analysts increased their estimates after reviewing the company's fourth-quarter results. On February 13, Enbridge reported a fourth-quarter profit that came in above expectations. The company also said it had approved several new projects to meet rising power demand across North America. Pipeline operators are seeing stronger demand for natural gas. This growth is tied to higher liquefied natural gas exports. Power demand is also climbing as artificial intelligence and data centers require more energy. This shift has created steady opportunities for infrastructure providers like Enbridge. The company reported a project backlog of C$39 billion, with C$8 billion expected to enter service this year. During the quarter, Enbridge approved two renewable energy projects. One is a $1.2 billion project in Wyoming for a large tech company. The other i Show less Read more
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