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Inside the Market’s roundup of some of today’s key analyst actions
Brookfield Infrastructure Partners LP (BIP.UN-T, BIP-N) Inter Pipeline Ltd. (IPL-T), according to Citi analyst Ryan Levine.
On Wednesday after the bell, Brookfield revealed it has offered $16.50 per share for the remaining stake in Inter Pipeline that it does not already own, a 23.13-per-cent premium Wednesday’s close and valuing the Calgary-based company’s equity at $7.08-billion.
The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Inside the Market’s roundup of some of today’s key analyst actions
Pointing to warmer-than-expected winter conditions through the fourth-quarter of 2020 and into 2021 as well as “strong” share price appreciation in recent months, Raymond James analyst Steve Hansen lowered his rating for
Superior Plus Corp. (SPB-T) on Monday, seeing a reduced projected return to his target price for its shares.
Friday s analyst upgrades and downgrades - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.