Oppenheimer analyst Ian Zaffino raised the firm’s price target on Knife River to $75 from $65 and keeps an Outperform rating on the shares. Knife River has numerous growth drivers, including state and local infrastructure spending, the roll-out of dynamic pricing across all regions, M&A and the execution of its EBITDA margin expansion plan, the analyst tells investors in a research note.
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Read More on KNF:
- Knife River management to meet with Oppenheimer
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