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Stock impact report

Analyst Raises Kinetik Holdings (KNTK) Price Target, Cites Favorable Outlook [Yahoo! Finance]

Kinetik Holdings Inc. Class A (KNTK) 
Company Research Source: Yahoo! Finance
Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services. On April 10, Barclays bumped its price target on Kinetik Holdings Inc. (NYSE:KNTK) from $44 to $46, while maintaining an ‘Equal' Weight rating on the shares. The analyst noted that while Kinetik Holdings Inc. (NYSE:KNTK)'s 2026 earnings are still weighted towards the latter half of the year, the stock's outlook is becoming more favorable. Barclays believes that the higher energy prices amid the Middle East conflict, the growth in volumes, and its upcoming projects position Kinetik to improve its results as the year unfolds. Kinetik Holdings Inc. (NYSE:KNTK) is targeting an adjusted EBITDA in the range of $950 million to $1.05 billion in FY 2026, indicating a YoY growth of over 7% at the midpoint when adjusted for the sale of EPIC Crude. The company also reiterated its commitment to shareholders by Show less Read more
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