B of A Securities Upgrades Kinder Morgan to Buy, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Kinder Morgan (NYSE:KMI) from Neutral to Buy, raising the price target from $23 to $27.
October 11, 2024 | 11:17 am
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B of A Securities has upgraded Kinder Morgan from Neutral to Buy, increasing the price target from $23 to $27. This upgrade suggests a positive outlook for the company's stock.
The upgrade from Neutral to Buy by a major financial institution like B of A Securities is likely to positively influence investor sentiment and could lead to an increase in KMI's stock price. The raised price target to $27 indicates confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100