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Benzinga
Benzinga
Business
Priya Nigam

Why BofA Initiates Kinetic Holdings With Buy Rating

Kinetik Holdings BofA Securities Nasdaq Natural Gas Permian

Kinetik Holdings Inc (NASDAQ:KNTK) is strong growth and free cash flow story, given its ownership in the Permian natural gas takeaway and latent processing capacity, according to BofA Securities.

The Kinetik Holdings Analyst: Neel Mitra initiated coverage of Kinetik Holdings with a Buy rating and a price target of $80.

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