Monday, December 7, 2015

Kinder Morgan Price Target Lowered to $25 at Credit Suisse, $21 at Barclays, $15 at Jeffries and $10 at Hedgeye (KMI)

Closing-Barn-Door-1
Note horse, barn door

The stock last traded at $15.66, oil at $38.25, natural gas at an astounding $2.11, down 3.71%.

Three quick hits from Stockpricetargets.com via Dakota Financial News:

Kinder Morgan Inc (KMI) PT Lowered to $25.00

Kinder Morgan Inc (NYSE:KMI) had its price objective reduced by stock analysts at Credit Suisse from $39.00 to $25.00 in a research report issued to clients and investors on Monday, StockTargetPrices.com reports. The firm presently has a “neutral” rating on the stock. Credit Suisse’s price target would indicate a potential upside of 48.63% from the company’s previous close....


Kinder Morgan Inc (KMI) Price Target Lowered to $21.00 at Barclays

Kinder Morgan Inc (NYSE:KMI) had its price target cut by Barclays from $36.00 to $21.00 in a report issued on Monday, StockTargetPrices.com reports. The firm presently has an “overweight” rating on the stock. Barclays’ target price would suggest a potential upside of 24.85% from the company’s previous close....


Kinder Morgan Inc (KMI) Price Target Lowered to $15.00 at Jefferies Group

Kinder Morgan Inc (NYSE:KMI) had its target price lowered by equities researchers at Jefferies Group from $33.00 to $15.00 in a note issued to investors on Monday, StockTargetPrices.com reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective points to a potential downside of 10.82% from the stock’s current price....

DFN also helpfully notes: "Goldman Sachs upgraded Kinder Morgan from a “buy” rating to a “conviction-buy” rating and increased their price target for the stock from $33.14 to $48.00 in a report on Friday, August 14th."

For the Hedgeye story see FT Alphaville's "Kinder Morgan’s impossible equity/dividend situation".