Reported 1 day ago
A recent bullish analysis on Knife River Corporation (KNF) highlights its strong long-term investment potential, with a target price of $115/share, reflecting over 40% upside from current levels. Despite trading challenges and a 20% decline in stock value year-to-date, the company is believed to possess durable pricing power and margin expansion opportunities due to its position in localized oligopolies. Upcoming catalysts, such as low Q2 expectations and potential infrastructure funding, add to the case, suggesting current market weakness represents a buying opportunity.
Source: YAHOO