Scotiabank Upgrades Kinetik Holdings to Sector Outperform, Announces $37 Price Target
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst Tristan Richardson upgraded Kinetik Holdings (NYSE:KNTK) from Sector Perform to Sector Outperform and announced a $37 price target.
June 12, 2023 | 12:17 pm
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Kinetik Holdings (NYSE:KNTK) has been upgraded by Scotiabank from Sector Perform to Sector Outperform, with a new price target of $37.
Scotiabank's upgrade of Kinetik Holdings to Sector Outperform and the announcement of a $37 price target is likely to have a positive short-term impact on the stock price. The upgrade indicates that the analyst believes KNTK will outperform its peers in the sector, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100