Scotiabank Maintains Sector Outperform on Kinetik Holdings, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tristan Richardson maintains a Sector Outperform rating on Kinetik Holdings (NYSE:KNTK) and raises the price target from $42 to $48.
July 02, 2024 | 1:28 pm
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Scotiabank analyst Tristan Richardson maintains a Sector Outperform rating on Kinetik Holdings and raises the price target from $42 to $48.
The raised price target from $42 to $48 and the maintained Sector Outperform rating by Scotiabank are positive signals for Kinetik Holdings. This suggests confidence in the company's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100