Enbridge: AI Tailwind Priced In (Rating Downgrade)

Impact · against what's priced in

Enbridge's outlook is neutral to slightly negative as its valuation has caught up with its growth prospects, specifically regarding AI-driven power demand. Meta remains largely unaffected by the mention of its infrastructure partnership with Enbridge.

ENB−0.30

No priced-in read yet

In context

The downgrade to 'Hold' is driven by the view that growth from projects like the 1.6 GW Cowboy Project is already reflected in the share price, leaving the stock with an elevated PEGY ratio of 2.7x and limited upside.

Read from the article alone

• ENB▲150%
• META▲7%
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