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Stock impact report

South Bow (SOBO) Gains on Keystone Pipeline Revival [Yahoo! Finance]

South Bow Corporation Common Shares (SOBO) 
Company Research Source: Yahoo! Finance
into . On March 9, Wolfe Research boosted South Bow Corporation (NYSE:SOBO)'s price target to $27 from $24, despite retaining an Underperform rating on the company's stock. The price target hike comes after the company rallied in response to news of the Keystone XL reboot, which has been verified as the Prairie Connector project. Meanwhile, Scotiabank increased its price target for South Bow Corporation (NYSE:SOBO) to $34 from $30 on March 6, retaining a Sector Perform rating on the stock. The revision came after South Bow's fourth-quarter earnings report. South Bow Corporation (NYSE:SOBO) reported fourth-quarter adjusted EBITDA of $252 million, which was marginally higher than Scotiabank's estimate of $250 million and the consensus of $250 million. The company reiterated its EBITDA guidance for 2026 and put the Blackrod project into operation. ?South Bow Corporation (NYSE:SOBO) owns and operates critical crude oil pipelines and facilities spanning Canada and the United States, Show less Read more
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