Oppenheimer Initiates Coverage On Knife River Holding with Outperform Rating, Announces Price Target of $65
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ian Zaffino has initiated coverage on Knife River Holding (NYSE:KNF) with an Outperform rating and a price target of $65.
August 15, 2023 | 8:34 am
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Oppenheimer has initiated coverage on Knife River Holding with an Outperform rating and a price target of $65, which could positively impact the stock's performance.
The Outperform rating from Oppenheimer indicates that they expect Knife River Holding to do better than the overall market. This positive outlook, coupled with a price target of $65, suggests that Oppenheimer sees potential for growth in the stock's value. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100