Scotiabank lowered the firm’s price target on Kinetik Holdings (KNTK) to $51 from $53 and keeps an Outperform rating on the shares. The company has endured a “tumultuous 2025 in operations and/or corporate level circumstances,” the firm tells investors. While some impacts were beyond the company’s control, others were driven by divergence between business performance and consensus expectations, the firm adds.
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