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PAA
Benzinga
49 days

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 8% Dividend Yields

1. Dividend-yielding stocks attract investors during market turbulence. 2. PAA's dividend yield is currently at 8.30%. 3. Analysts have mixed ratings, with one maintaining an Outperform rating. 4. PAA's price target was raised from $20 to $22 by Mizuho. 5. Recent news includes the sale of PAA's NGL business to Keyera.

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FAQ

Why Neutral?

While there's a raised price target, mixed analyst ratings reflect uncertainty. Historically, significant business changes like divestitures can lead to varied market reactions, depending on perceived value.

How important is it?

The article highlights key analyst opinions and recent strategic decisions affecting PAA's outlook.

Why Short Term?

The impact of the NGL business sale could affect short-term volatility as investors adjust expectations.

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