Scotiabank raised the firm’s price target on Kinetik Holdings (KNTK) to $51 from $49 and keeps an Outperform rating on the shares. The firm is updating its price targets on U.S. Midstream stocks under its coverage, driven by slight increases in target multiples, the analyst tells investors.
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Read More on KNTK:
- Kinetik Holdings price target lowered to $48 from $49 at UBS
- Kinetik Holdings price target raised to $49 from $46 at RBC Capital
- Kinetik Holdings price target raised to $49 from $48 at Scotiabank
- Kinetik Holdings price target raised to $43 from $40 at Barclays
- Kinetik Holdings price target raised to $49 from $42 at Goldman Sachs