Wolfe Research upgraded Plains GP Holdings (PAGP) to Outperform from Peer Perform with a $22 price target The firm sees better value in master limited partnerships than the c-corps in 2025 and upgrades Plains All American as a play on this. The stock trades at the lowest multiple in the group with the highest free cash flow yield, is a takeout target, and has options to create value as shown this week, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAGP: