Jefferies initiated coverage of Kinetik Holdings (KNTK) with a Buy rating and $41 price target The company’s growth prospects are “overly discounted” in the shares following a “disappointing” fiscal 2025, which is partially attributable to macro headwinds, the analyst tells investors in a research note. The firm expects annual adjusted EBITDA growth of 8% for Kinetik through 2030, among the highest in the midstream group.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNTK:
- Kinetik Holdings price target lowered to $46 from $55 at Citi
- Kinetik Holdings price target lowered to $46 from $52 at RBC Capital
- Kinetik Holdings price target lowered to $40 from $46 at Goldman Sachs
- Kinetik Holdings price target lowered to $45 from $51 at Scotiabank
- Kinetik Holdings price target lowered to $40 from $48 at Wells Fargo