Credit Suisse Raises Kinder Morgan to Outperform (KMI)

By admin | 6 years ago

Kinder Morgan (NYSE: KMI) was upgraded by equities researchers at Credit Suisse (NYSE: CS) from a “neutral” rating to an “outperform” rating in a report issued on Wednesday.

Shares of Kinder Morgan traded down 1.70% during mid-day trading on Wednesday, hitting $35.75. Kinder Morgan has a one year low of $23.51 and a one year high of $40.25. The company has a market cap of $25.275 billion and a P/E ratio of 73.18.

Several other analysts have also recently commented on the stock. Analysts at TheStreet initiated coverage on shares of Kinder Morgan in a research note to investors on Friday, April 20th. They set a “sell” rating on the stock. Separately, analysts at Tudor Pickering downgraded shares of Kinder Morgan from an “accumulate” rating to a “hold” rating in a research note to investors on Tuesday, April 10th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Kinder Morgan in a research note to investors on Friday, April 6th. They now have a $41.00 price target on the stock.

Kinder Morgan, Inc., formerly Kinder Morgan Holdco LLC, owns the general partner and approximately 11% of the limited partner interests of the Kinder Morgan Energy Partners, L.

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