Stifel analyst Selman Akyol raised the firm’s price target on Kinder Morgan to $22 from $21 and keeps a Hold rating on the shares. Following a review of its 10-Q, Stifel is adjusted its estimates on the stock, the analyst tells investors. The firm expects to continue to see the natural gas segment doing well and, while commodity prices have been a headwind, product volumes are below expectations.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on KMI:
- Early notable gainers among liquid option names on July 24th
- Ex-Dividend Date Nearing for These 10 Stocks – Week of July 24, 2023
- Kinder Morgan backs FY23 EPS view $1.12, consensus $1.10
- Kinder Morgan reports Q2 adjusted EPS 24c, consensus 24c
- Kinder Morgan raises quarterly dividend 2% to 28.25c per share