Scotiabank Lifts PT on Plains All American Pipeline, L.P. (PAA) Stock

Plains All American Pipeline, L.P. (NASDAQ:PAA) is one of the Most Promising Energy Stocks According to Wall Street Analysts. On September 8, Scotiabank lifted the price target on the company’s stock to $20 from $18, while keeping an “Outperform” rating, as reported by The Fly. The company’s deal to acquire ownership stakes in EPIC Crude is expected to be generally positive for Kinetik and Plains All American Pipeline, L.P. (NASDAQ:PAA), opines the firm’s analyst.

Scotiabank Lifts PT on Plains All American Pipeline, L.P. (PAA) Stock

Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings reported strong Q2 2025 results, with adjusted EBITDA attributable to the former of $672 million. Notably, Plains GP Holdings owns an indirect non-economic controlling interest in Plains All American Pipeline, L.P. (NASDAQ:PAA)’s general partner and an indirect limited partner interest in PAA. The NGL divestiture is projected to close in Q1 2026 and will improve its free cash durability. Furthermore, it will also offer significant financial flexibility and fuel opportunities to streamline the business.

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Disclosure: None. This article is originally published at Insider Monkey.