Kinder Morgan price target raised to $34 from $33 at UBS

UBS analyst Manav Gupta raised the firm’s price target on Kinder Morgan (KMI) to $34 from $33 and keeps a Buy rating on the shares. The firm expects slightly better results from the Natural Gas Pipelines, Product Pipelines, and Terminals segments, the analyst tells investors in a research note. UBS thinks Kinder Morgan is well-positioned for multiyear growth with opportunities stemming from new natgas long-haul, LNG supply, storage opportunities, and data centers.