Enbridge (ENB) PT Lifted To $46 By CIBC After Eastern Access Projects, 'Sector Outperformer' Maintained

CIBC World Markets Inc. analyst Paul Lechem increased his price target on shares of Enbridge Inc. (NYSE:ENB) to $46 from $44, while maintaining his "Sector Outperformer" rating.Enbridge announced that it has secured commercial support to proceed with $2.6 billion of Eastern Access projects, including: $2.2 billion in mainline expansions from Flanagan IL to Sarnia ON, $0.2 billion Toledo Pipeline