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Kinder Morgan upgraded to Peer Perform from Underperform at Wolfe Research

Wolfe Research analyst Keith Stanley upgraded Kinder Morgan to Peer Perform from Underperform without a price target. The shares have underperformed and Kinder’s valuation is now around the peer average, the analyst tells investors in a research note. The firm says 2023 headwinds seem well known and the company’s growth outlook has improved for 2024 and beyond.

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