What did UBS change in the Feb 23, 2026 Knorr-Bremse note?

UBS maintained its **Buy** rating and raised the price target to **EUR 123** from **EUR 99**. This update is reflected in the current **KNRRY analyst rating** and signals UBS expects better valuation outcomes, though the recommendation stayed the same.

How should investors use the KNRRY analyst rating now?

Treat the **KNRRY analyst rating** as one data point. Combine UBS’s Buy and higher target with company fundamentals, upcoming Q2 guidance, and market conditions before adjusting positions or sizing exposure.

Does the UBS price target change mean a KNRRY upgrade or downgrade?

UBS’s action on Feb 23, 2026 was maintenance of a **Buy** rating with a higher target. That is a price target raise, not a formal upgrade or downgrade to the analyst recommendation in the **KNRRY analyst rating**.

Where can I find the UBS note and recent company updates?

UBS’s target change was reported by TheFly and can be read via TheFly’s coverage. Knorr-Bremse’s Q4 2025 call transcript is available on Seeking Alpha. Both items inform the current **KNRRY analyst rating**.

Analyst Ratings

UBS Maintains Buy on Knorr-Bremse AG (KNRRY) Feb 23 2026

ByHuzaifa Zahoor February 24, 2026February 24, 2026

UBS on Feb 23, 2026 maintained its Buy on Knorr-Bremse AG (KNRRY) and raised the price target to EUR 123 from EUR 99. The move updates the KNRRY analyst rating and signals UBS’s continued confidence in the company’s recovery path. This note arrives after Knorr-Bremse’s Q4 2025 call and follows a modest intraday stock move of -1.27%. Meyka AI rates KNRRY with a grade of B. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.