Mizuho Maintains Buy Rating for Kinetik Holdings: Here's What You Need To Know



Mizuho has decided to maintain its Buy rating of Kinetik Holdings KNTK and raise its price target from $41.00 to $42.00.

Shares of Kinetik Holdings are trading up 0.54% over the last 24 hours, at $38.86 per share.

A move to $42.00 would account for a 8.08% increase from the current share price.

About Kinetik Holdings

Kinetik Holdings Inc is a permian-to-gulf Coast midstream corporation operating in the Delaware Basin. It provides comprehensive gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish “analyst ratings” for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga’s automated content engine and reviewed by an editor.


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