Kinetik Holdings price target lowered to $52 from $55 at Clear Street

Clear Street lowered the firm’s price target on Kinetik Holdings (KNTK) to $52 from $55 and keeps a Buy rating on the shares ahead of the company reporting December quarter results some time in late February. The firm, which lowered its adjusted EBITDA estimate by 5% for 2026 and 2027 adjusted EBITDA estimate by 3%, says its revised price target reflects slightly lower volumes excepted this year due to unplanned maintenance of intrastate gas pipelines and some intentional producer pullback lingering in early 2026.