Analysts have been eager to weigh in on the Energy sector with new ratings on Kinetik (KNTK – Research Report) and Drilling Tools International (DTI – Research Report).
Kinetik (KNTK)
Goldman Sachs analyst John Mackay maintained a Buy rating on Kinetik today. The company’s shares closed last Tuesday at $40.39, close to its 52-week high of $40.58.
According to TipRanks.com, Mackay is a 4-star analyst with an average return of
Currently, the analyst consensus on Kinetik is a Strong Buy with an average price target of $41.17, which is a 3.0% upside from current levels. In a report issued on May 10, Scotiabank also assigned a Buy rating to the stock with a $42.00 price target.
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Drilling Tools International (DTI)
In a report released today, Lloyd Byrne from Jefferies maintained a Hold rating on Drilling Tools International, with a price target of $4.80. The company’s shares closed last Tuesday at $5.32.
According to TipRanks.com, Byrne is a top 100 analyst with an average return of
Currently, the analyst consensus on Drilling Tools International is a Hold with an average price target of $4.80.
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Read More on KNTK:
- Kinetik Holdings Reshapes Energy Portfolio with Strategic Deals
- Kinetik Holdings price target raised to $42 from $38 at Scotiabank
- Kinetik Holdings announces $1B of strategic transactions, Gulf Coast divestiture
- Kinetik Holdings reports Q1 EPS 12c, consensus 43c
- Kinetik Holdings price target raised to $42 from $39 at Mizuho
