Plains All American (PAA) Receives a Hold from RBC Capital
RBC Capital analyst Elvira Scotto maintained a Hold rating on Plains All American on February 13 and set a price target of $21.00. The company’s shares closed last Friday at $20.15.
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Scotto covers the Energy sector, focusing on stocks such as Plains All American, MPLX, and USA Compression. According to TipRanks, Scotto has an average return of 14.9% and a 71.34% success rate on recommended stocks.
In addition to RBC Capital, Plains All American also received a Hold from Citi’s Spiro M. Dounis in a report issued on February 10. However, on February 9, Scotiabank reiterated a Buy rating on Plains All American (NASDAQ: PAA).
Based on Plains All American’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $10.57 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
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- Plains All American price target raised to $20 from $17 at Citi
- Plains All American price target raised to $23 from $22 at Scotiabank
- Plains All American price target raised to $18 from $17 at Barclays
- Balanced Risk‑Reward and Limited Upside Justify Hold Rating on Plains All American
- Plains All American Earnings Call Highlights Crude-Focused Pivot
