Kodiak Gas Services price target lowered to $45 from $52 at RBC Capital

RBC Capital analyst Elvira Scotto lowered the firm’s price target on Kodiak Gas Services (KGS) to $45 from $52 but keeps an Outperform rating on the shares. The company reported solid Q4 results and raised the low-end of its 2025 adjusted EBITDA guidance from its early outlook, and while concerns of a broader economic slowdown have picked up, Kodiak Gas Services remains well positioned in 2025 with fully contracted new unit capex and planned investments in the business to support its growth, the analyst tells investors in a research note.