RBC Raises Price Target on Knife River to $59 From $58
RBC Capital Markets has increased its price target for Knife River Corporation from $58 to $59 while maintaining a Sector Perform rating.
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NEW YORK, Oct 19 (Reuters) - Starboard Value is preparing to nominate directors for election to the board of Knife River Corp as the activist investor steps up pressure on the construction company to improve its
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RBC Capital Markets has increased its price target for Knife River Corporation from $58 to $59 while maintaining a Sector Perform rating.
Knife River Corporation reported third-quarter 2026 financial results, missing analyst estimates for both earnings and revenue while lowering its full-year revenue outlook.
Filed: 2026-11-03 AccNo: 0001628280-26-069132 Size: 655 KB Item 2.02: Results of Operations and Financial Condition Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Activist investor Starboard Value LP has sent a letter to the Knife River Corporation Board of Directors urging the company to improve margins or explore strategic alternatives.
Wolfe Research has upgraded Knife River Corporation's stock rating from Peer Perform to Outperform.
Wolfe Research has upgraded its rating for Knife River Corporation from Neutral to Buy.