Kodiak Gas Services price target lowered to $51 from $52 at Raymond James

Raymond James analyst James Rollyson lowered the firm’s price target on Kodiak Gas Services (KGS) to $51 from $52 and keeps an Outperform rating on the shares. Kodiak’s revenues were a bit short of expectations, capping off an otherwise solid year, the analyst tells investors in a research note. The firm continues to like the long-term set up for incremental compression needs.