Scotiabank analyst Brandon Bingham lowered the firm’s price target on Kinetik Holdings (KNTK) to $62 from $64 and keeps an Outperform rating on the shares. The firm is adjusted some numbers in the Energy Infrastructure sector ahead of the Q4 earnings season, the analyst tells investors. Scotiabank lowered its price target on the stock as a result of updates to project contributions.
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Read More on KNTK:
- Kinetik Announces Board Changes with New Appointment
- Kinetik Holdings price target raised to $61 from $47 at Barclays
- Kinetik Holdings initiated with an Outperform at Scotiabank
- Kinetik Holdings price target raised to $60 from $58 at Wells Fargo
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