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Stock impact report

RBC Capital Bumps Kinder Morgan (KMI) Price Target by $3 [Yahoo! Finance]

Kinder Morgan, Inc. (KMI) 
Last kinder morgan, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kindermorgan.com
Company Research Source: Yahoo! Finance
Kinder Morgan, Inc. (NYSE:KMI) is one of the largest energy infrastructure companies in North America. The company has an interest in or operates approximately 78,000 miles of pipelines and 139 terminals. On March 30, RBC Capital upped its price target on Kinder Morgan, Inc. (NYSE:KMI) from $32 to $35, while maintaining a ‘Sector Perform' rating on the shares. The bumped target indicates an upside of 4% from the current levels. The move comes as RBC revised its estimates following its management catch-up call, marking soaring commodity prices and fine-tuning its quarterly shaping and longer pipeline ramp. The analyst firm also expects Kinder Morgan, Inc. (NYSE:KMI) to modestly benefit from the winter storm Fern that hit earlier this year. The freezing temperatures significantly raised the country's natural gas demand for heating. Kinder Morgan, Inc. (NYSE:KMI) remains bullish on the US natural gas demand, primarily due to the country's surging LNG exports. The company expects L Show less Read more
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