Barclays Maintains Equal-Weight on Kinetik Holdings, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen has maintained an Equal-Weight rating on Kinetik Holdings (NYSE:KNTK) while raising the price target from $43 to $47.
October 14, 2024 | 2:24 pm
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Barclays has maintained its Equal-Weight rating on Kinetik Holdings but increased the price target from $43 to $47, indicating a positive outlook.
The increase in the price target from $43 to $47 by Barclays suggests a positive outlook for Kinetik Holdings, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100