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Kinder Morgan Management (NYSE:KMR) shares rose 2.9% on Friday after Morgan Stanley raised their price target on the stock from $77.00 to $107.00, reports. The company traded as high as $101.02 and last traded at $99.84, with a volume of 1,226,873 shares. The stock had previously closed at $97.05.

Separately, analysts at Jefferies Group raised their price target on shares of Kinder Morgan Management from $74.00 to $78.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $89.33.

The stock’s 50-day moving average is $79.42 and its 200-day moving average is $73.16. The company has a market cap of $13.116 billion and a P/E ratio of 61.08.

Kinder Morgan Management (NYSE:KMR) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.49 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.53 by $0.04. Analysts expect that Kinder Morgan Management will post $2.56 EPS for the current fiscal year.

Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (NYSE:KMR), and manages and controls its business and affairs pursuant to a delegation of control agreement.

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