Wells Fargo Maintains Overweight on Plains GP Holdings, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum has maintained an Overweight rating on Plains GP Holdings (NASDAQ:PAGP) and increased the price target from $19 to $20.
May 08, 2024 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Plains GP Holdings and raised the price target from $19 to $20.
The increase in the price target by a reputable analyst like Michael Blum suggests a positive outlook on the stock, likely due to expected performance improvements or favorable market conditions. This endorsement can boost investor confidence in Plains GP Holdings, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100