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Stock impact report

Pembina Pipeline (PBA) Price Target Raised Following Encouraging Growth Update [Yahoo! Finance]

Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) 
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm Check Earnings Report
US:NYSE Investor Relations: pembina.com/investor-centre
Company Research Source: Yahoo! Finance
Pembina Pipeline (PBA) Price Target Raised Following Encouraging Growth Update Pembina Pipeline Corporation (NYSE:PBA) is a leading energy transportation and midstream service provider that has been serving North America's energy industry for 70 years. On April 8, BMO Capital upped its price target on Pembina Pipeline Corporation (NYSE:PBA) from C$60 to C$63, while maintaining a ‘Market Perform' rating on the shares. The revised target reflects an upside potential of almost 4% from the current share price. The move comes following an April 7 announcement by Pembina Pipeline Corporation (NYSE:PBA) that it expects to deliver 5% to 7% compound annual fee-based adjusted EBITDA per share growth through 2030. The outlook is supported by the company's higher utilization of existing assets and ?contributions from sanctioned new projects entering service. The guidance represents a step-up of around 100 basis points from the midstream operator's prior 2024-26 growth target. Pembina Pip Show less Read more
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