The Globe and Mail reports in its Friday, Oct. 10, edition that CIBC World Markets analyst Robert Catellier has reaffirmed his "outperformer" recommendation for Pembina Pipeline. The Globe's David Leeder writes in the Eye On Equities column that Mr. Catellier gave his share target a $2 boost to $62. Analysts on average target the shares at $59.35. Mr. Catellier says in a note: "We are modifying our price targets to reflect a lower market risk premium in our discounted cash flow models of 6 per cent (vs. 6.8 per cent previously), while also modifying for a lower risk-free rate of 4.25 per cent (vs. 4.5 per cent previously). The result is an increase to price targets. Despite the increased price targets, recent share price gains have compressed returns to target on most names, notably the large caps." The Globe reported on July 16, 2024, Mr. Catellier continued to rate Pembina Pipeline "outperformer." The shares could then be had for $51.36. The Globe reported on Aug. 29, 2025, that RBC Dominion Securities analyst Maurice Choy had reaffirmed his "outperformer" ranking for Pembina Pipeline. The shares could then be had for $51.87.
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