---
title: "Pembina Pipeline cut at Scotiabank with fewer catalysts seen in H2"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293376370.md"
description: "Scotiabank downgraded Pembina Pipeline (PBA) to Sector Perform from Sector Outperform, setting a C$73 price target. The firm cites limited room for multiple expansion due to the stock's recent 40% surge and high valuation relative to peers. Although Pembina has sanctioned ~$6B in projects with improved volume outlooks, Scotiabank sees fewer catalysts in H2, limiting further upside potential."
datetime: "2026-07-21T19:01:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293376370.md)
  - [en](https://longbridge.com/en/news/293376370.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293376370.md)
generator: "portal-rs"
---

# Pembina Pipeline cut at Scotiabank with fewer catalysts seen in H2

Pembina Pipeline (PBA) down 0.4% in Tuesday's trading as Scotiabank downgrades shares to Sector Perform from Sector Outperform with a C$73 price target, seeing little room for multiple expansion following the stock's recent strong performance and valuation and with fewer potential catalysts in this year's H2. Pembina (PBA) has sanctioned ~$6B of pr...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**