Barclays lowered the firm’s price target on Kinetik Holdings (KNTK) to $40 from $43 and keeps an Equal Weight rating on the shares. The firm adjusted the company’s estimates to reflect updated commodities information.
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Read More on KNTK:
- Kinetik Holdings price target lowered to $60 from $67 at BofA
- Kinetik Holdings price target lowered to $53 from $55 at Scotiabank
- Plains All American price target raised to $20 from $18 at Scotiabank
- Kinetik Sells Stake in EPIC Crude Holdings
- Plains to buy 55% interest in EPIC Crude Holdings, transaction valued at $1.57B
