Enbridge Energy Management, L.L.C. Upgraded to “Outperform” at Zacks (EEQ)
Enbridge Energy Management, L.L.C. (NYSE:EEQ) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has a $34.90 target price on the stock. Zacks‘ target price would indicate a potential upside of 20.51% from the stock’s previous close.
Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) traded up 0.63% on Tuesday, hitting $28.96. 263,180 shares of the company’s stock traded hands. Enbridge Energy Management, L.L.C. has a one year low of $25.8088 and a one year high of $32.3009. The stock’s 50-day moving average is $29.31 and its 200-day moving average is $29.4. The company has a market cap of $1.568 billion and a price-to-earnings ratio of 140.39.
Separately, analysts at RBC Capital raised their price target on shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) from $29.00 to $32.00 in a research note to investors on Thursday, August 1st.
Enbridge Energy Management, LLC. (NYSE:EEQ) is a limited partner of Enbridge Energy Partners, L.
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