UPDATE: Jefferies Initiates Coverage on Plains GP Holdings LP on Multiple Positive Factors
October 24, 2013 at 10:10 AM EDT
In a report published Thursday, Jefferies analyst Christopher Sighinolfi initiated coverage on Plains GP Holdings LP (NYSE: PAGP ) with a Buy rating and $26.00 price target. In the report, Christopher Sighinolfi noted, “PAGP offers: 1) unfettered leverage to PAA Incentive Distribution Rights, 2) peer-leading dividend growth, 3) low leverage,
