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With a short percentage of shares outstanding of 1.26%, Enbridge Inc. (NYSE:ENB) is among the 9 Best Natural Gas Stocks to Buy for Transitional Power.

On May 11, CIBC analyst Robert Catellier raised the firm’s price target on Enbridge Inc. (NYSE:ENB) to C$74 from C$72 while maintaining a Neutral rating. The target increase reflects continued confidence in the company’s long-term energy infrastructure cash flow profile despite evolving market conditions.

The same day, RBC Capital Markets analyst Maurice Choy lowered the firm’s price target on Enbridge Inc. (NYSE:ENB) to C$79 from C$80 while maintaining an Outperform rating. The analyst stated that evolving macro conditions for energy infrastructure are creating accelerated growth opportunities with attractive risk-adjusted returns for the company. (Note: the original “C$760” appears to be a typo; C$80 is the likely prior target.)

Founded in 1949 and headquartered in Calgary, Alberta, Enbridge Inc. (NYSE:ENB) is a major North American energy infrastructure company engaged in transporting, distributing, and generating energy across pipeline, utility, renewable power, and storage networks.

While we acknowledge the potential of ENB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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