The Goldman Sachs Group upgraded its rating on Enbridge (TSE:ENB). Details of the new rating were not immediately available.
The upgrade follows several major developments in September 2026. Enbridge agreed to acquire Tallgrass’ crude transportation business and closed a C$3.0 billion common equity offering. The company also announced that its CEO will transition at the end of 2026.
The moves form part of Enbridge’s broader strategy to expand infrastructure and adjust its portfolio.