TSX:PPL - Post Discussion
Post by
ace1mccoy on Oct 09, 2024 10:35am
Scotia Adjusts
Pembina Pipeline Corp. (PPL-T unchno change
, “sector outperform”) to $64 from $57. Average: $59.21.
Analyst: “We believe Pembina is well positioned to benefit from continued volume growth at its core asset base, and in recent months, we have seen the company very active in adding several tuck-in acquisitions with value-chain benefits. With a strong balance sheet and leverage forecasted near the bottom end of its targeted range in 2025, we think Pembina has the ability to pursue future growth while maintaining its ability to pay down debt and buy back shares.”
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