Enbridge price target lowered to C$51 from C$53 at Barclays

Barclays lowered the firm’s price target on Enbridge to C$51 from C$53 and keeps an Equal Weight rating on the shares. Enbridge reiterated its medium-term growth outlook at its analyst day and continues to pave the way for growth with projects that bolster and complement its existing footprint, the analyst tells investors in a research note.