Enbridge: Downgrade Due To Recent Strong Performance And Limited Growth Prospects

Core Viewpoint - Enbridge Inc. experienced a drop in market price to around $65 following its Q3 results on November 7, but the price quickly recovered [1] Group 1: Company Performance - The market price for Enbridge Inc. fell to approximately $65 after the release of Q3 results [1] - The price decline was temporary as it quickly rebounded [1] Group 2: Analyst Background - The analyst has over twenty years of experience in sell-side equity research, corporate and project finance, M&A, and valuations, with a focus on Canadian electric utilities and infrastructure sectors [1] - The analyst has worked for ten years as an equity research analyst at global banks, including UniCredit Securities and HSBC Global Markets, and has been recognized in Institutional Investor and Extel surveys [1] - Prior to the investment banking career, the analyst spent ten years in a Canadian corporate environment focusing on power projects and M&A [1]