Truist Securities Maintains Buy on Plains All American, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Plains All American (NASDAQ:PAA) and raised the price target from $17 to $21.
November 06, 2023 | 2:00 pm
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POSITIVE IMPACT
The 'Buy' rating maintained by Truist Securities and the raised price target could potentially lead to an increase in Plains All American's stock price.
Analyst ratings and price targets can significantly influence investor sentiment. The maintained 'Buy' rating indicates that the analyst believes the stock will outperform the market, which could attract more investors. Additionally, the raised price target suggests that the analyst sees more upside potential, which could further boost investor sentiment and lead to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100