10:20 AM EDT, 05/14/2024 (MT Newswires) -- TD Securities raised its price target on Pembina Pipeline Corp. (PPL.TO) to $56 from $53 on Tuesday.
Analyst Linda Ezergailis maintained a Buy rating on shares of the Calgary-based energy transportation and midstream service provider following its quarterly results.
"First-quarter results were ahead of our expectations and represent a strong start to 2024, as well as reinforce our view that PPL's operations are well-positioned to benefit from industry tailwinds, including capturing growing volumes in the WCSB," Ezergailis said in a note to clients.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 50.27, Change: -0.12, Percent Change: -0.24