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StoneX analyst Reuben Garner upgrades MillerKnoll (NASDAQ:MLKN) from Hold to Buy and announces $30 price target.
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Filed: 2026-10-13 AccNo: 0000066382-26-000161 Size: 155 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 5.07: Submission of Matters to a Vote of Security Holders
Several companies reported earnings results with mixed outcomes. AutoZone beat earnings expectations and gained 3.3%, while THOR Industries surpassed revenue estimates with a 5.6% jump. MillerKnoll missed revenue targets and declined slightly. Vicor Corporation surged 19.9% after raising its third-quarter revenue growth outlook to over 20%.
MillerKnoll reported Q3 2026 earnings of $0.53 per share, beating consensus estimates of $0.35 by 51.43%, but missed revenue expectations with $923.4 million versus the estimated figure. The company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions ahead of earnings. The furniture industry remains weak, ranking in the bottom 23% of Zacks industries.