Oppenheimer Maintains Outperform on Knife River, Lowers Price Target to $80
Oppenheimer analyst Brent Thielman maintains Knife River (NYSE:KNF) with a Outperform and lowers the price target from $90 to $80.
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B. Riley Securities Maintains Buy on Knife River, Lowers Price Target to $65
B. Riley Securities analyst Rohit Seth maintains Knife River (NYSE:KNF) with a Buy and lowers the price target from $105 to $65.
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Knife River Issues Statement Following Receipt Of Letter From Activist Investor Starboard Value; Says Company Remains Focused On Margin Expansion, Operational Excellence, Disciplined Capital Allocation, And Profitable Growth, All With The Goal Of Increasing Value Creation For Shareholders
Company Issues Statement in Response to StarboardKnife River Corporation (NYSE:KNF) ("Knife River" or the "Company") issued the following statement in response to the letter it received today from
Starboard Urges Knife River To Pursue Strategic Review, Citing Margin Underperformance And Path To 22% Adj. EBITDA Margin By 2029
Highlights Knife River’s Failure to Deliver Promised Margin Improvement as It Falls Further Behind PeersOutlines Clear Path to 22% Adjusted EBITDA Margins by FY2029 Through Improved Aggregates Pricing and Meaningful