Barclays Reaffirms Their Sell Rating on Plains All American (PAA)
In a report released today, Theresa Chen from Barclays maintained a Sell rating on Plains All American, with a price target of $21.00.
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According to TipRanks, Chen is a top 100 analyst with an average return of 18.6% and a 76.34% success rate. Chen covers the Energy sector, focusing on stocks such as Kinetik, Williams Co, and Oneok.
Plains All American has an analyst consensus of Hold, with a price target consensus of $21.91.
Based on Plains All American’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $10.56 billion and a net profit of $342 million. In comparison, last year the company earned a revenue of $12.4 billion and had a net profit of $36 million
Read More on PAA:
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- Plains All American, Plains GP give update on Canadian NGL business divestiture
- Plains All American initiated with a Buy at Truist
- Plains All American price target raised to $23 from $21 at Morgan Stanley
- Sable Offshore Stock (SOC) Sinks as Court Probes Permit to Restart Pipelines
- Plains All American price target raised to $25 from $23 at Stifel
