Wells Fargo analyst Timna Tanners maintained a Hold rating on Knife River Corporation yesterday and set a price target of $75.00. The company’s shares closed yesterday at $69.43.
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Tanners covers the Basic Materials sector, focusing on stocks such as Nucor, Cleveland-Cliffs, and Commercial Metals Company. According to TipRanks, Tanners has an average return of 0.9% and a 51.93% success rate on recommended stocks.
Currently, the analyst consensus on Knife River Corporation is a Strong Buy with an average price target of $104.40.
KNF market cap is currently $4.03B and has a P/E ratio of 25.82.
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- Knife River initiated with an Equal Weight at Wells Fargo
- Knife River price target lowered to $95 from $105 at DA Davidson
- Knife River price target lowered to $100 from $120 at Oppenheimer
- Knife River price target raised to $97 from $96 at Wells Fargo
- Positive Outlook for Knife River Corporation Amid Temporary Setbacks and Strategic Growth Initiatives