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Jefferies Initiates Plains All American Coverage With $27 Target

PAA common units rose 0.8% in Monday trading after the coverage began Oct. 12 at 2:57 p.m. ET (18:57 UTC).

Steel pipeline valves beside storage tanks in afternoon light / TokenPost.ai
Steel pipeline valves beside storage tanks in afternoon light / TokenPost.ai

Jefferies initiated coverage of Plains All American Pipeline, L.P. with a Buy rating and a $27 price target. PAA common units rose 0.8% in Monday trading.

The coverage initiation occurred Oct. 12 at 2:57 p.m. ET (18:57 UTC). Plains All American is involved in oil and gas storage and transportation.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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