Citigroup Maintains Neutral on Plains All American, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis maintains a Neutral rating on Plains All American (NASDAQ:PAA) and raises the price target from $17.5 to $18.

May 06, 2024 | 6:14 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Plains All American and raises the price target to $18.
The adjustment in price target by Citigroup reflects a modestly positive outlook on Plains All American, suggesting a stable but not significantly bullish view on the stock's short-term trajectory. The Neutral rating indicates that the analyst does not see significant upside or downside risks from the current price level, while the increase in price target suggests a slight improvement in the company's outlook. However, as the rating remains Neutral, the impact on the stock price is likely to be limited in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100