Raymond James Initiates Coverage On Kodiak Gas Services with Outperform Rating, Announces Price Target of $21
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst James Rollyson has initiated coverage on Kodiak Gas Services (NYSE:KGS) with an Outperform rating and a price target of $21.

July 24, 2023 | 11:55 am
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POSITIVE IMPACT
Raymond James has initiated coverage on Kodiak Gas Services with an Outperform rating and a price target of $21, which could positively impact the stock.
The initiation of coverage by a major analyst like Raymond James is typically seen as a positive sign by the market. The Outperform rating suggests that the analyst expects the stock to do better than its peers in the market. The price target of $21 also indicates that the analyst sees significant upside potential in the stock. This could lead to increased investor interest in KGS and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100