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Enbridge Energy Management, L.L.C. (NYSE:EEQ) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Thursday, Analyst Ratings.Net reports. The firm currently has a $34.90 target price on the stock. Zacks‘ price target points to a potential upside of 24.47% from the stock’s previous close.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) traded down 2.23% on Thursday, hitting $28.04. The stock had a trading volume of 138,820 shares. Enbridge Energy Management, L.L.C. has a 52-week low of $25.3403 and a 52-week high of $31.7278. The stock has a 50-day moving average of $28.08 and a 200-day moving average of $28.82.

Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America Corp. initiated coverage on shares of Enbridge Energy Management, L.L.C. in a research note to investors on Tuesday, December 17th. They set an “underperform” rating on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Enbridge Energy Management, L.L.C. in a research note to investors on Tuesday, December 17th. They set an “underweight” rating and a $28.00 price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Enbridge Energy Management, L.L.C. in a research note to investors on Tuesday, December 17th. They set a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $39.30.

Enbridge Energy Management, LLC. (NYSE:EEQ) is a limited partner of Enbridge Energy Partners, L.

To view Zacks’ full report, visit www.zacks.com

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