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Kinetik (NYSE:KNTK) Sets New 1-Year High – Here’s Why
['Shane Hupp']
Ticker Report
Kinetik Holdings Inc. (NYSE:KNTK – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday .
Jefferies Financial Group reiterated a “hold” rating and issued a $51.00 price objective on shares of Kinetik in a report on Friday, May 8th.
Wells Fargo & Company reiterated an “overweight” rating and set a $54.00 price objective on shares of Kinetik in a research report on Monday.
Amundi now owns 17,645 shares of the company’s stock valued at $854,000 after buying an additional 5,775 shares during the period.
Hedge funds and other institutional investors own 21.11% of the company’s stock.