South Bow Corp (SOBO) Receives a Sell from Wells Fargo
Wells Fargo analyst Praneeth Satish maintained a Sell rating on South Bow Corp today and set a price target of C$34.00.
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According to TipRanks, Satish is a 4-star analyst with an average return of 5.0% and a 59.26% success rate. Satish covers the Energy sector, focusing on stocks such as Williams Co, Pembina Pipeline, and Hess Midstream Partners.
Currently, the analyst consensus on South Bow Corp is a Hold with an average price target of C$38.70.
Based on South Bow Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$524 million and a net profit of C$96 million. In comparison, last year the company earned a revenue of C$554.25 million and had a net profit of C$107.27 million
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