Seeking Alpha

Plains All American (PAA) is upgraded to Conviction Buy at Goldman Sachs with an increased price...

Plains All American (PAA) is upgraded to Conviction Buy at Goldman Sachs with an increased price target of $100 from $93. PAA has leverage to several key midstream themes, the firm says, including oil infrastructure growth, continued crude oil price volatility and wide basis differentials which drive higher logistics margins, and a strong financial profile. PAA +1.8% premarket.
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