Downgrade to $56IA Capital Markets analyst Elias Foscolos
Enbridge Inc. (buy) to $56 from $58 after a reduction to his 2023 EBITDA projection and a multiple reduction.
Average: $55.75
On the other hand, we peg TRP’s underperformance to the fact that it reset its dividend growth rate from 5-7 per cent to 3-5 per cent
Believe Enbridge may be doing same thing re Dividend?