Wells Fargo Maintains Overweight on Kinder Morgan, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum has maintained an Overweight rating on Kinder Morgan (NYSE:KMI) and raised the price target from $22 to $27.
October 17, 2024 | 4:04 pm
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Wells Fargo has increased its price target for Kinder Morgan from $22 to $27, maintaining an Overweight rating. This suggests a positive outlook for the stock.
The increase in price target from $22 to $27 by Wells Fargo, along with maintaining an Overweight rating, indicates a positive sentiment towards Kinder Morgan's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100