RBC Says Improved Permian Infrastructure May Lift Kinetik’s (KNTK) Waha Prices
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RBC Capital has reduced its price target for Kinetik Holdings Inc. (NYSE:KNTK) from $52 to $46, while maintaining an Outperform rating. This adjustment follows Kinetik's third-quarter 2025 results, which were below expectations. Improved Permian infrastructure may boost Kinetik's Waha prices, indicating significant upside potential for the energy stock.
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