Bank of America Boosts Price Target on Plains All American Pipeline

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Bank of America Boosts Price Target on Plains All American Pipeline

PAA

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - February 12, 08:09AM from (www.dividend.com)

Bank of America Merrill Lynch analysts, on Monday, raised the price target on Houston-based MLP Plains All American Pipeline, L.P. (PAA) after a strong fourth-quarter earnings report. The analysts maintain a "Buy" rating on PAA with a price target of $58, up from the previous target of $55. This new valuation suggests an 8% upside ...

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