JPMorgan Chase Raises Plains All American Pipeline Target Price to $27.00
A recent note from JPMorgan Chase & Co. has increased the target price for Plains All American Pipeline (NASDAQ:PAA) to $27.00, representing a potential upside of 5.80% from its current price.
The change in target price comes on the heels of several other analyst updates for PAA stock. US Capital Advisors downgraded their rating from 'strong-buy' to 'moderate buy', while Citigroup lifted their target price to $22.00 with a neutral rating. Goldman Sachs upgraded PAA from 'sell' to 'neutral' and boosted its price target to $24.00.
According to MarketBeat data, the average analyst rating for PAA is currently 'hold' with a consensus price target of $24.08.