Enbridge price target raised to C$67 from C$63 at RBC Capital

RBC Capital raised the firm’s price target on Enbridge (ENB) to C$67 from C$63 and keeps an Outperform rating on the shares. The company’s Investor Day next month will offer the market a much-needed refresher on how the company’s four core franchises can capture long-term growth in North America’s rising energy demand environment and position it to extend its growth rate through the end of the decade, the analyst tells investors in a research note.