Citigroup Initiates Coverage On Pembina Pipeline with Neutral Rating, Announces Price Target of C$42
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis has initiated coverage on Pembina Pipeline with a Neutral rating and a price target of C$42.
October 05, 2023 | 3:39 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on Pembina Pipeline with a Neutral rating and a price target of C$42.
The initiation of coverage by Citigroup with a Neutral rating suggests that the stock is fairly valued at current levels. The price target of C$42 provides a reference point for investors, but does not necessarily suggest significant upside or downside. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100