KNOT Offshore Partners' Takeover Bid: Impact on Valuation and Narrative

KNOT Offshore Partners' latest valuation update shows a marginal shift in its fair value estimate of $10.67. Analysts have only slightly decreased the discount rate and maintained steady revenue growth assumptions, signaling that the new takeover bid has altered sentiment more at the margins than at the fundamentals. The bid has altered sentiment more at the margins than at the fundamentals.