# Jefferies Initiates Plains All American Coverage With $27 Target

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30526
Published: 2026-10-12T19:07:25.000Z
Updated: 2026-10-12T19:07:25.000Z
Section: Investing

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

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.