Stifel Nicolaus Initiates Kinder Morgan With Buy

Stifel Nicolaus initiated coverage on

with a Buy rating. The target price for Kinder Morgan is set to $47. Kinder Morgan shares have gained 28.19% over the past 52 weeks, while the S&P 500 index has surged 9.36% in the same period. Kinder Morgan shares rose 0.33% to $42.20 in pre-market trading.