Citigroup Downgrades Kinetik Holdings to Neutral, Announces $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis has downgraded Kinetik Holdings (NYSE:KNTK) from Buy to Neutral and set a price target of $34.
September 06, 2023 | 10:01 am
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Kinetik Holdings has been downgraded by Citigroup from Buy to Neutral with a price target of $34.
The downgrade from Buy to Neutral by Citigroup indicates a less optimistic outlook for Kinetik Holdings. This could potentially lead to a decrease in the stock's price in the short term. The price target of $34 provides a benchmark for investors.
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