Plains All American Pipeline Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Earnings Report - Plains All American Pipeline is set to release its first-quarter earnings results on May 9, with analysts expecting earnings of 45 cents per share, an increase from 41 cents per share in the same period last year [1] - The company is projected to report quarterly revenue of $14 billion, compared to $11.99 billion a year earlier [1] Management Changes - Harry Pefanis will retire as President of Plains effective June 1 [2] Stock Performance - Plains All American Pipeline shares rose 1.4% to close at $16.94 on Thursday [3] Analyst Ratings - Barclays analyst Theresa Chen maintained an Underweight rating and reduced the price target from $19 to $18 [9] - Morgan Stanley analyst Robert Kad maintained an Equal-Weight rating and raised the price target from $19 to $23 [9] - Raymond James analyst Justin Jenkins maintained a Strong Buy rating and increased the price target from $23 to $24 [9] - Wells Fargo analyst Michael Blum downgraded the stock from Overweight to Equal-Weight and cut the price target from $22 to $20 [9] - UBS analyst Shneur Gershuni maintained a Buy rating and raised the price target from $21 to $22 [9]