What is BofA Securities's price target for PAA?

BofA Securities's latest stated price target for Plains All American Pipeline L.P. (PAA) is $19, from its action on Jan 28, 2026.

What is BofA Securities's rating on PAA?

BofA Securities rates PAA Underperform, a bearish rating, as of Jan 28, 2026.

When did BofA Securities last change its view on PAA?

On Jan 28, 2026, BofA Securities downgrades to Underperform from Neutral, price target $19.

Analyst firms · BofA Securities · PAA

BofA Securities PAA price target and rating history

Plains All American Pipeline L.P. (PAA) · Energy

BofA Securities rates Plains All American Pipeline L.P. (PAA) Underperform with a $19 price target, as of its latest action on Jan 28, 2026. It has published 5 rating actions on PAA since September 2021, including 1 upgrade and 1 downgrade. Across 3 firms with a PAA price target in the last 12 months, the median target is $24. BofA Securities's $19 is 21% below that.

Current rating: Underperform
Price target: $19
Median target, all firms: $24
Actions on PAA: 5

BofA Securities price target on PAA

BofA Securities price target on PAA, each point a stated target, September 2021 to January 2026.

Every BofA Securities rating on PAA

Jan 28, 2026
DowngradeBofA Securities downgrades to Underperform from Neutral, price target $19
Oct 17, 2024
ResumeBofA Securities resumes coverage at Neutral, price target $18
Jul 19, 2022
UpgradeBofA Securities upgrades to Neutral from Underperform, price target $12
Jan 18, 2022
ReiterateBofA Securities raises its price target to $11 from $10.50, keeps Underperform
Sep 28, 2021
ResumeBofA Securities resumes coverage at Underperform, price target $10.50

How other firms rate PAA

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Jefferies	Buy	$27	Oct 9, 2026
Goldman Sachs	Neutral	$24	Jun 4, 2026
BofA Securities	Underperform	$19	Jan 28, 2026

Questions about BofA Securities and PAA

What is BofA Securities's price target for PAA?: BofA Securities's latest stated price target for Plains All American Pipeline L.P. (PAA) is $19, from its action on Jan 28, 2026.
What is BofA Securities's rating on PAA?: BofA Securities rates PAA Underperform, a bearish rating, as of Jan 28, 2026.
When did BofA Securities last change its view on PAA?: On Jan 28, 2026, BofA Securities downgrades to Underperform from Neutral, price target $19.
How does BofA Securities's PAA target compare with other analysts?: Across 3 firms with a PAA price target in the last 12 months, the median target is $24. BofA Securities's $19 is 21% below that.

More PAA rating histories

All BofA Securities ratings PAA news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.