Barclays has maintained its "Equal-Weight" rating for Kinetik Holdings (KNTK) but lowered its price target from $49.00 to $43.00, a 12.24% decrease. The updated price target and maintained rating suggest a neutral stance on the company, while the average one-year price target from 11 analysts is $52.91, with an average upside of 27.67% from the current price of $41.44.
Barclays has maintained its "Equal-Weight" rating for Kinetik Holdings (KNTK) but lowered its price target from $49.00 to $43.00, a 12.24% decrease. The updated price target and maintained rating suggest a neutral stance on the company, while the average one-year price target from 11 analysts is $52.91, with an average upside of 27.67% from the current price of $41.44 [1].
The latest move by Barclays comes after several other brokerages have commented on KNTK. Royal Bank Of Canada (RBC) cut their price target on shares of Kinetik from $57.00 to $55.00 and set an "outperform" rating on the stock [1]. UBS Group assumed coverage on shares of Kinetik in a report on Tuesday, April 29th, setting a "neutral" rating and a $49.00 price target [1]. Citigroup reiterated a "buy" rating on shares of Kinetik in a report on Tuesday, June 10th [1]. US Capital Advisors upgraded shares of Kinetik from a "hold" rating to a "moderate buy" rating in a research note on Monday, April 7th [1]. Mizuho dropped their target price on shares of Kinetik from $70.00 to $61.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 20th [1].
Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin, providing gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas [1]. Despite the recent changes in price targets, the company continues to operate within a wide and horizontal trend, with support from accumulated volume at $40.50 [2].
On the last day of trading, Kinetik Holdings Inc. stock fell by -1.25% from $41.57 to $41.05, with trading volume falling by -188 thousand shares [2]. The stock is currently trading within a range of $40.38 to $46.86, with a predicted fair opening price of $40.88 on July 16, 2025 [2].
References:
[1] https://www.marketbeat.com/instant-alerts/kinetik-nysekntk-given-new-4300-price-target-at-barclays-2025-07-14/
[2] https://stockinvest.us/stock/KNTK
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