Wells Fargo analyst Michael Blum notes that Kinder Morgan (KMI) filed with the Arizona Corporation Commission to supply more gas to meet rising demand from AI data centers, industrial clients and West Coast LNG, contending that this could mean that Kinder “could be the front runner” to build a large gas pipeline into Arizona. The firm maintains an Overweight rating and $33 price target on Kinder Morgan shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMI:
- Kinder Morgan price target raised to $28 from $27 at RBC Capital
- Kinder Morgan share price weakness a buying opportunity, says Argus
- Kinder Morgan price target raised to $26 from $25 at Scotiabank
- Kinder Morgan to Release Updated Investor Presentation
- Kinder Morgan’s Earnings Call Highlights Robust Growth