Bernstein analyst Jean Ann Salisbury upgraded Kinder Morgan to Outperform from Market Perform with a price target of $22, up from $19. With the company’s rolls over, or at least slowing, its EBITDA should grow in the medium term, the analyst tells investors in a research note. The firm can identify nearly $1B of historical pipeline rolloffs from 2015 to 2022.
Published first on TheFly
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