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Morgan Stanley Raises Plains All American (PAA) Target in Weekly Infrastructure Review

Plains All American Pipeline, L.P. (NASDAQ:PAA) is included among the 14 Under-the-Radar High Dividend Stocks to Buy Now.

On March 18, Morgan Stanley analyst Robert Kad raised the price recommendation on Plains All American Pipeline, L.P. (NASDAQ:PAA) to $23 from $21. It reiterated an Equal Weight rating. The update came as part of the firm’s regular review of North American midstream and renewable energy infrastructure names.

On the Q4 2025 earnings call, CEO Willie Chiang described 2025 as a turning point. He said the company worked through geopolitical tensions, OPEC supply changes, and tariff uncertainty while reshaping itself into more of a pure-play crude operator. A big part of that shift came from selling the NGL business and acquiring the Epic pipeline, now called Cactus III. Chiang said these moves should lead to better cash flow quality, stronger distributable cash flow, and a more stable position across cycles.

Looking ahead, he laid out three priorities for 2026. The company plans to complete the NGL divestiture, integrate Cactus III and capture synergies, and keep pushing on cost efficiency. The target is about $100 million in annual savings by 2027, with roughly half of that expected in 2026. He also pointed to a few recent transactions. The company sold its Mid-Continent lease marketing business for about $50 million and acquired the Wild Horse terminal, which is expected to add around 4 million barrels of storage. Both moves are aimed at shifting toward higher-margin operations.

Plains All American Pipeline, L.P. (NASDAQ:PAA) owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids. Its network includes pipelines, storage, processing, and other assets across key producing regions and major market hubs in the United States and Canada.

While we acknowledge the risk and potential of PAA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PAA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 14 High Growth Dividend Paying Stocks to Invest In Now

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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