Category: Plains

Green Plains rated Buy at Jefferies, seeing likely H2 rebound for ethanol margins

September 3, 2024

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Investor Empires

JJ Gouin/iStock via Getty Images Green Plains (NASDAQ:GPRE) gets a Buy rating and a $28 price target from Jefferies, which says it expects to see profitability return for ethanol producers over the rest of this year, given expected North American corn yields and lower Corn and natural gas prices. Green…
Plains GP Holdings’ strategic JV with Oryx to boost volumes, Stifel Buy rating By Investing.com

August 5, 2024

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Investor Empires

On Monday, Stifel raised its price target on Plains GP Holdings, LP (NASDAQ:) to $23.00, up from a previous target of $22.00, and reiterated a buy rating on the stock. The firm cited the company’s strong position as a major transporter of crude oil from the Permian Basin, and expected…