Citi lowered the firm’s price target on Kinetik Holdings (KNTK) to $46 from $55 and keeps a Buy rating on the shares. The firm cites Kinetik’s lower 2025 exit rate and slower growth for the target cut. However, it believes the stock’s recent pullback is overdone.
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Read More on KNTK:
- 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
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