Kinetik Holdings Receives Outperform Rating from RBC for Growth Potential
Monday, 25 March 2024, 17:57
Kinetik Holdings Outperform Rating by RBC
RBC Capital recently started coverage of Kinetik Holdings (KNTK) and described the company as well positioned for growth with a focus on the Permian Basin midstream sector. The firm issued an Outperform rating and established a $40 price target for the stock.
Key Points:
- Kinetik Holdings (KNTK): An Outperform rating has been given by RBC Capital for future potential.
- Permian Basin Midstream: Positioned for growth in the Permian Basin sector.
- RBC's Price Target: Set at $40 per share for Kinetik.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.