Analysts Offer Insights on Energy Companies: Kinetik (KNTK) and Kinder Morgan (KMI)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Kinetik (KNTK – Research Report) and Kinder Morgan (KMI – Research Report) with bullish sentiments.
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Kinetik (KNTK)
In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Buy rating on Kinetik, with a price target of $49.00. The company’s shares closed last Wednesday at $46.14.
According to TipRanks.com, Tonet is a 5-star analyst with an average return of
Kinetik has an analyst consensus of Moderate Buy, with a price target consensus of $48.10, a 6.0% upside from current levels. In a report issued on February 25, Goldman Sachs also maintained a Buy rating on the stock with a $42.00 price target.
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Kinder Morgan (KMI)
Goldman Sachs analyst John Mackay maintained a Buy rating on Kinder Morgan yesterday and set a price target of $35.00. The company’s shares closed last Wednesday at $33.08.
According to TipRanks.com, Mackay is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kinder Morgan with a $34.27 average price target, representing a 4.4% upside. In a report issued on March 5, Mizuho Securities also maintained a Buy rating on the stock with a $37.00 price target.
