Barclays raised the firm’s price target on Kodiak Gas Services (KGS) to $76 from $60 and keeps an Overweight rating on the shares. The firm says its meetings with midstream companies highlighted the “breadth of incremental growth opportunities that are emerging as a result of the ongoing global supply shock.” Barclays sees long-term “structural upside” for its midstream covered names.
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Read More on KGS:
- Kodiak: Strengthened Balance Sheet and Dual-Segment Growth Support Buy Rating and Upside Potential
- Kodiak Gas Services price target raised to $84 from $64 at RBC Capital
- Kodiak Gas Services Completes Equity Offering for Expansion
- Kodiak Gas Services price target raised to $88 from $69 at Goldman Sachs
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