Scotiabank Assumes Plains GP Holdings at Sector Outperform, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tristan Richardson assumes coverage of Plains GP Holdings (PAGP) with a Sector Outperform rating and sets a price target of $23.
April 08, 2024 | 9:47 pm
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Scotiabank analyst Tristan Richardson has initiated coverage on Plains GP Holdings with a Sector Outperform rating and a price target of $23.
Analyst ratings, especially those with positive outlooks such as a Sector Outperform rating, can lead to increased investor confidence and potentially drive the stock price up in the short term. The setting of a price target above the current market price usually signals an analyst's belief in the stock's growth potential, further encouraging positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100