JP Morgan Maintains Overweight on Kinetik Holdings, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on Kinetik Holdings (NYSE:KNTK) and increased the price target from $40 to $43.
April 17, 2024 | 2:23 pm
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JP Morgan analyst Jeremy Tonet reaffirmed an Overweight rating on Kinetik Holdings and raised the price target from $40 to $43.
The upgrade in the price target by a reputable analyst like Jeremy Tonet from JP Morgan is a strong positive signal for Kinetik Holdings. It suggests a bullish outlook on the stock's future performance, potentially leading to increased investor confidence and upward price movement in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100