Scotiabank lowered the firm’s price target on Kinetik Holdings (KNTK) to $57 from $60 and keeps an Outperform rating on the shares. Against a backdrop of turmoil, the firm sees the relative stability presented by the Midstream sector as a welcome relief.
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Read More on KNTK:
- Kinetik Holdings upgraded to Overweight from Hold at US Capital Advisors
- Kinetik Holdings files to sell 11.52M shares of Class A common stock for holders
- Kinetik Holdings price target lowered to $63 from $67 at RBC Capital
- Kinetik Holdings price target lowered to $60 from $62 at Scotiabank
- Kinetik Holdings price target lowered to $57 from $61 at Barclays
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