RBC Capital Raises PT on Kinetik Holdings (KNTK) Stock

Core Viewpoint - Kinetik Holdings Inc. (NYSE:KNTK) is identified as one of the 12 Most Shorted Stocks to Buy in 2026, with analysts maintaining an "Outperform" rating and raising price targets following its Q4 2025 results [1][3]. Group 1: Analyst Ratings and Price Targets - RBC Capital analyst Elvira Scotto raised the price target on Kinetik Holdings' stock to $49 from $46 while maintaining an "Outperform" rating [1]. - Scotiabank also increased its price target on the stock to $49 from $48, keeping an "Outperform" rating despite the company providing softer guidance compared to expectations [3]. Group 2: Financial Outlook - Kinetik Holdings expects adjusted EBITDA to be between $950 million and $1,050 million, indicating a 7% year-over-year increase at the midpoint [3]. - The company is anticipated to face near-term challenges due to Waha price-related shut-ins but is expected to grow in the second half of 2026 and into fiscal year 2027, supported by new Permian Natural Gas takeaway capacity and growth projects coming online [2]. Group 3: Company Profile - Kinetik Holdings Inc. operates as a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation in the Delaware Basin [4].