$KNF

Baird upgraded Humana (HUM) to Outperform with a $596 price target, citing 2028 EPS confidence. Oppenheimer upgraded Fastly (FSLY) to Outperform with a $35 target, noting AI traffic growth. Monness Crespi upgraded Elastic (ESTC) to Buy with a $120 target, praising execution. Morgan Stanley double-upgraded Cboe (CBOE) to Overweight with a $358 target, citing S&P contract renewal. Barclays initiated SpaceX (SPCX) with Overweight and $254 target, calling it an industrial revolution play.

RBC Capital downgraded Knife River Corp. (KNF) to Sector Perform, cutting its price target to $58.00 from $103.00 due to cost inflation concerns. The stock is near its 52-week low, down 39% in six months. Knife River reported Q2 2026 earnings of $0.77 per share, missing estimates, but raised full-year revenue guidance to $3.4B-$3.6B. Analysts have mixed views, with JPMorgan downgrading and DA Davidson initiating coverage with a buy rating.

Knife River Corporation (KNF) shares rose 3.8% after activist investor Starboard Value disclosed a stake and urged the company to explore strategic alternatives, including a potential sale. Starboard praised Knife River's assets but criticized its performance, calling for a plan to achieve 22% adjusted EBITDA by 2029. The company said it would engage with Starboard but defended its strategy.

US stocks opened lower, with tech leading losses due to Oracle's (ORCL) force majeure notice on a New Mexico data center, affecting Oracle, Bloom Energy (BE), and Blue Owl (OWL). Treasury yields bull steepened, and crude prices rose amid US-Iran tensions. The SNB held rates at 0% and removed intervention language. Specific stock movements include MGM Resorts (MGM), TransUnion (TRU), Viking Therapeutics (VKTX), Knife River (KNF), Delek US Holdings (DK), and Dropbox (DBX).

Major indices closed lower Tuesday due to war tensions and rising oil prices. The 30-year Treasury yield hit 5.27%, its highest since 2007, while Brent Crude surged 5% to $95. Analysts initiated coverage on Ally Financial (Strong Buy, $55 target) and GLOBAL FOUNDRIES (Buy, $60 target), among others.

Knife River (NYSE:KNF) said some Texas highway work will shift into 2027, and changes in paving versus larger roadway expansion jobs reduced Q2 adjusted EBITDA by about $8 million. CFO Nathan Ring reported aggregate volumes up 14% and raised 2026 revenue to $3.4B-$3.6B while reaffirming adjusted EBITDA guidance of $520M-$560M. Backlog rose to $1.2B.

Knife River Corp (KNF) filed an SEC Form 8-K — Results of Operations and Financial Condition. KNIFE RIVER CORPORATION REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS • Double-digit volume and gross profit growth across material product lines • 20% growth in contracting services revenue • Sequentially increased backlog from the first quarter, to $1.2 billion • Raised guidanc

Knife River Corp. (NYSE:KNF) received a consensus “Moderate Buy” from 10 analysts, with 6 buys, 3 holds and 1 sell, MarketBeat reports. The average 12-month price target is $97.29. Recent calls include Oppenheimer “outperform” at $95 and Stephens “overweight” raised to $105. KNF shares opened at $78.59. In its May 5 earnings, it reported EPS of -$1.40 (vs -$1.42 est.) and revenue of $410.13M (vs $387.06M est.).

Knife River Corporation (NYSE: KNF) will host its first quarter 2026 earnings conference call on Tuesday, May 5, 2026, at 11 a.m. EDT. The financial results for the quarter will be released before the NYSE market opens on the same day. Knife River is an aggregates-based construction materials and contracting services company, a member of the S&P MidCap 400 index.

Knife River Corporation will release its first quarter 2026 financial results on April 27, 2026. The company will host a conference call and webcast on April 28, 2026, at 10:00 a.m. CT to discuss these results. Interested parties can access the webcast or dial into the conference call using the provided details.