The Vetr crowd downgraded their rating for Kinder Morgan Inc KMI on Monday from 4.5 stars (Strong Buy), issued three days ago, to 4 stars (Buy). Crowd sentiment for Kinder Morgan is still edging positive as 76 percent of user ratings are bullish.
The energy and natural gas infrastructure company has seen quite a rally over the past year. Confidence in the stock is also running, with a slew of analyst upgrades coming in October. BMO Capital and Wolfe Research both upped the stock to Outperform.
The stocm was trading around $22 at time of writing, on an upward trend of more than 12 percent from $19.53 where it was at the start of the month.
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The Vetr crowd’s average target price is $24.17, a couple bucks above the average analyst target price of $22.06. Less than 2 percent of Vetr users are holding KMI in their watch lists.
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