B. Riley Upgrades The Knot (KNOT) to Buy, Raises Target to $12

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June 7, 2011 1:21 PM EDT
Get Alerts KNOT Hot Sheet
Price: $9.55 --0%

Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 13 | New: 48
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Shares of The Knot (NASDAQ: KNOT) have moved higher over the last hour of trading as an analyst at B. Riley upgraded the stock from Neutral to Buy in a mid-day research note. The firm boosted its price target from $11 to $12.

With KNOT shares last trading at $9.91, up 4.5 percent from Monday's closing price, B. Riley's new price target implies potential upside of about 21 percent.

For more ratings news on The Knot click here and for the rating history of The Knot click here.

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