Truist raised the firm’s price target on Kodiak Gas Services to $32 from $28 and keeps a Buy rating on the shares after its Q1 earnings beat. The company continues to have the highest utilization of any company in the midstream sector with no sign of slowdown given rapid continued 2025 bookings, the analyst tells investors in a research note.
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Read More on KGS:
- Kodiak Gas Services sees FY24 revenue $1.13B-$1.18B, consensus $1.15B
- Kodiak Gas Services reports Q1 EPS 39c, consensus 36c
- Kodiak Gas Services Announces First Quarter 2024 Results Including Record Adjusted EBITDA; Increases Full Year 2024 Guidance
- Kodiak Gas Announces Attractive Quarterly Cash Dividends
- Kodiak Gas Services Announces Quarterly Dividend of $0.38 per Share of Common Stock
