Knife River (KNF) announced that it has entered into a definitive agreement to acquire Strata. Based on Strata’s projected 2025 adjusted EBITDA, the purchase price of $454M reflects a multiple ...
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Oppenheimer analyst Ian Zaffino raised the firm’s price target on Knife River (KNF) to $120 from $110 and keeps an Outperform rating on the shares. Management provided a roadmap to 20%-plus ...