Argus Downgrades Spectra Energy (SE) to Hold Amid Merger
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Price: $74.24 -3.02%
Rating Summary:
31 Buy, 11 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 14 | Down: 50 | New: 9
Rating Summary:
31 Buy, 11 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 14 | Down: 50 | New: 9
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Argus downgraded Spectra Energy (NYSE: SE) from Buy to Hold after the company and Enbridge agreed to merge in a stock-for-stock deal worth $28 billion.
For an analyst ratings summary and ratings history on Spectra Energy click here. For more ratings news on Spectra Energy click here.
Shares of Spectra Energy closed at $42.31 yesterday.
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