Citi maintains Buy rating on Kinetik Holdings with $55 price target but warns of potential downside in short-term

From Yahoo Finance: 2025-06-11 09:45:00

Citi analyst Spiro Dounis maintains a Buy rating on Kinetik Holdings (KNTK) with a $55 price target, but adds a downside short-term view due to potential market overhang. Up to 11.5M shares could come to market from the Durango acquisition, representing 7% of total outstanding shares and potentially impacting stock performance in the next month.



Read more at Yahoo Finance: Citi opens ‘downside 30-day short-term view’ on Kinetik Holdings