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Highlights
Pembina Pipeline Corp. (TSE:PPL) has received a notable boost in sentiment from National Bank Financial, which upgraded the stock to a “Strong Buy” rating from its previous “Sector Perform.” The brokerage also established a new price target of CAD 56.00 for the shares in its research note published on Thursday.
The upgrade from National Bank Financial comes amid a series of mixed analyst actions surrounding Pembina Pipeline in recent months. JPMorgan Chase & Co., in a report dated April 15th, lowered its price target on the company’s shares from CAD 62.00 to CAD 59.00 while maintaining a “Neutral” rating, citing updated sector dynamics and pricing assumptions.
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