Recent Analysts’ Ratings Changes for Plains All American Pipeline (PAA)

Several brokerages have updated their recommendations and price targets on shares of Plains All American Pipeline (NYSE: PAA) in the last few weeks:

• 2/9/2026 – Plains All American Pipeline had its “outperform” rating reaffirmed by analysts at Scotiabank.
• 2/9/2026 – Plains All American Pipeline had its “buy” rating reaffirmed by analysts at UBS Group AG.
• 2/9/2026 – Plains All American Pipeline had its price target raised by analysts at Barclays PLC from $17.00 to $18.00. They now have an “underweight” rating on the stock.
• 2/9/2026 – Plains All American Pipeline had its price target raised by analysts at Scotiabank from $22.00 to $23.00. They now have a “sector outperform” rating on the stock.
• 2/9/2026 – Plains All American Pipeline had its price target raised by analysts at Wells Fargo & Company from $20.00 to $21.00. They now have an “equal weight” rating on the stock.
• 1/28/2026 – Plains All American Pipeline was downgraded by analysts at Bank of America Corporation from a “neutral” rating to an “underperform” rating. They now have a $19.00 price target on the stock.
• 1/23/2026 – Plains All American Pipeline was given a new $23.00 price target on by analysts at Mizuho.
• 1/16/2026 – Plains All American Pipeline had its “outperform” rating reaffirmed by analysts at Scotiabank.

Plains All American Pipeline Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be issued a dividend of $0.4175 per share. This is a positive change from Plains All American Pipeline’s previous quarterly dividend of $0.38. The ex-dividend date is Friday, January 30th. This represents a $1.67 dividend on an annualized basis and a yield of 8.7%. Plains All American Pipeline’s dividend payout ratio (DPR) is 100.60%.

Plains All American Pipeline, L.P. (NYSE: PAA) is a prominent North American midstream energy company that specializes in the transportation, storage and marketing of crude oil, natural gas liquids (NGLs) and refined products. The partnership’s integrated infrastructure network supports the movement of hydrocarbons from major supply basins to domestic and export markets, providing connectivity between production areas, refineries and marine terminals. Plains All American’s services include long-haul and short-haul pipeline systems, inventory services and fee-based storage contracts, helping producers and refiners optimize supply chains and manage market access.

The company operates an extensive onshore pipeline network that spans major U.S.