Argus Downgrades Spectra Energy (SE) to Hold Amid Merger

September 26, 2016 7:17 AM EDT
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Price: $41.62 -0.83%

Rating Summary:
    6 Buy, 13 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 1 | Down: 2 | New: 3
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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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