Morgan Stanley Maintains Overweight Rating for Plains All American: Here's What You Need To Know

Morgan Stanley has decided to maintain its Overweight rating of Plains All American PAA and raise its price target from $15.00 to $16.00.

Shares of Plains All American are trading up 0.73% over the last 24 hours, at $11.76 per share.

A move to $16.00 would account for a 36.11% increase from the current share price.

About Plains All American

Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.