Knife River (KNF) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Knife River (NYSE: KNF) in the last few weeks:

• 10/27/2026 – Knife River was upgraded by Wolfe Research from “peer perform” to “outperform”.
• 10/13/2026 – Knife River had its price target lowered by JPMorgan Chase & Co. from $73.00 to $63.00. They now have an “underweight” rating on the stock.
• 10/9/2026 – Knife River was downgraded by Royal Bank Of Canada from “outperform” to “sector perform”. They now have a $58.00 price target on the stock, down from $103.00.
• 10/9/2026 – Knife River was upgraded by Zacks Research from “strong sell” to “hold”.
• 10/5/2026 – Knife River had its price target lowered by Wells Fargo & Company from $62.00 to $54.00. They now have an “equal weight” rating on the stock.
• 9/25/2026 – Knife River had its price target lowered by B. Riley Financial from $105.00 to $65.00. They now have a “buy” rating on the stock.
• 9/24/2026 – Knife River had its price target lowered by Oppenheimer from $90.00 to $80.00. They now have an “outperform” rating on the stock.
• 9/9/2026 – Knife River had its price target lowered by Wells Fargo & Company from $73.00 to $62.00. They now have an “equal weight” rating on the stock.
• 9/9/2026 – Knife River was downgraded by Citigroup to “cautious”.
• 9/2/2026 – Knife River was downgraded by JPMorgan Chase & Co. from “neutral” to “underweight”. They now have a $73.00 price target on the stock, down from $80.00.
• 9/1/2026 – Knife River was downgraded by Zacks Research from “hold” to “strong sell”.

Knife River Corporation is a construction materials and contracting company headquartered in Bismarck, North Dakota. The company produces and sells construction aggregates, asphalt, ready-mix concrete and cement, and also provides related construction services for transportation, commercial, residential and industrial projects.

Its operations include aggregate mining and processing, asphalt and concrete production, paving, site development and other heavy-construction activities. Knife River serves public-sector and private-sector customers, including state and local governments, contractors, commercial developers and industrial businesses.

Knife River became an independent publicly traded company in 2023 after being spun off from MDU Resources Group.