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Kinder Morgan’s 1Q17 Net Income Falls 9%, Misses Estimates

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Kinder Morgan’s 1Q17 Net Income Falls 9%, Misses Estimates PART 4 OF 4

Why Wall Street Analysts Are Bullish on Kinder Morgan

Analysts’ recommendations

Of the analysts surveyed by Reuters, ~73% rated Kinder Morgan (KMI) as a “buy,” ~27% rated it as a “hold,” and none of the surveyed analysts rated it as a “sell.”

The consensus target price for Kinder Morgan is $25.00. Currently, its stock price is $20.98. If the company attains its target price within a year, it would mean a nearly 19% price return for investors.

Why Wall Street Analysts Are Bullish on Kinder Morgan

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As for KMI’s peers, 48% of the analysts rated Plains All American Pipeline (PAA) as a “buy,” and 86% of the analysts rated ONEOK (OKE) as a “hold.”

You can learn what the latest changes in Kinder Morgan’s indicators mean for its stock in What Kinder Morgan’s Key Indicators Suggest ahead of Earnings.

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