World Kinect price target lowered to $26 from $27 at BofA

BofA lowered the firm’s price target on World Kinect (WKC) to $26 from $27 and keeps an Underperform rating on the shares. Following the company’s Q1 report, the firm lowered its 2025 and 2026 EPS estimates 4% and 7%, respectively to $2.20 and $2.55, the analyst tells investors.