RBC Capital analyst Elvira Scotto raised the firm’s price target on Kinetik Holdings (KNTK) to $49 from $46 and keeps an Outperform rating on the shares after its Q4 results last month. The firm expects near-term headwinds from Waha price-related shut-ins to persist but also believes that Kinetik can grow in the second half of 2026 and into 2027 as incremental Permian Natural Gas takeaway comes online and as Kinetik’s growth projects go into service, the analyst tells investors in a research note.
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