Kodiak Gas Services price target raised to $46 from $45 at Stifel

Stifel raised the firm’s price target on Kodiak Gas Services (KGS) to $46 from $45 and keeps a Buy rating on the shares. Despite the uncertain macro, Kodiak remains confident in the Permian and the need for additional compression, notes the analyst after the company posted Q1 results modestly above the firm’s estimates and raised the low end of 2025 EBITDA guidance.