Knowles price target raised to $38 from $30 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Knowles (KN) to $38 from $30 and keeps a Buy rating on the shares. The firm continues to believe management is executing well in an uncertain macro with a solid quarter and guide vs estimates. Craig-Hallum highlights current world conflict has resulted in stronger Military/Defense revenues for Knowles, which it believes will continue to help drive margin accretion through FY26.