Kodiak Gas Services price target raised to $48 from $46 at Stifel

Stifel analyst Selman Akyol raised the firm’s price target on Kodiak Gas Services (KGS) to $48 from $46 and keeps a Buy rating on the shares. The company posted Q3 results in line with the firm’s estimates, and while it did not want to offer 2026 guidance, it did offer several points that indicate continued growth, the analyst tells investors in a research note. The firm believes the company is set up for another good quarter in Q4, and that should push higher over time as Kodiak continues to grow its business.