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Kinetik Holdings price target raised to $51 from $48 at Mizuho

Mizuho analyst Gabriel Moreen raised the firm’s price target on Kinetik Holdings (KNTK) to $51 from $48 and keeps an Outperform rating on the shares. The company faces continued Waha basis pressure, but this should ease in the second half of 2026 as incremental takeaway capacity comes online, the analyst tells investors in a research note.

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