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Kinder Morgan price target raised to $22 from $21 at Barclays

Kinder Morgan price target raised to $22 from $21 at Barclays

Barclays raised the firm’s price target on Kinder Morgan to $22 from $21 and keeps an Equal Weight rating on the shares. The firm Q3 adjusted EBITDA estimates to reflect near-term headwinds driven by “lackluster” commodity prices, but says “constructive fundamentals reaffirm a more positive longer-term outlook.”

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