Kodiak Gas, Archrock started at Outperform by Mizuho on bullish compression view

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Kodiak Gas Services (NYSE:KGS) +1.9% and Archrock (NYSE:AROC) +0.7% in Wednesday’s trading as Mizuho initiates coverage with Outperform ratings and respective $36 and $24 price targets, citing bullish fundamentals underpinning the outlook for contract compression providers.

Mizuho analyst Gabriel Moreen says he views the