UPDATE: Goldman Sachs Initiates Coverage on Plains GP on Multiple Positive Factors

In a report published Monday, Goldman Sachs analyst Steve Sherowski initiated coverage on Plains GP Holdings LP (NYSE: PAGP ) with a Conviction List-Buy rating and $30.00 price target. In the report, Goldman Sachs noted, “We initiate coverage of Plains GP Holdings (PAGP) with a CL-Buy rating and a $30