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Kinder Morgan price target raised to $30 from $28 at RBC Capital

RBC Capital raised the firm’s price target on Kinder Morgan (KMI) to $30 from $28 and keeps a Sector Perform rating on the shares. The company recently reported solid results and provided constructive commentary around its long-term growth potential, the analyst tells investors in a research note. The firm has also extended its Kinder Morgan estimates through 2030 and forecast an adjusted EBITDA CAGR of 4% from 2025-2030, driven by growth in the Natural Gas Pipelines segment, RBC added.

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