It’s been a crucial week for Kornit Digital Ltd. (NASDAQ:KRNT); here’s what analysts have to say.

February 20, 2018 - By Louis Casey

 It's been a crucial week for Kornit Digital Ltd. (NASDAQ:KRNT); here's what analysts have to say.

Kornit Digital Ltd. (NASDAQ:KRNT) Ratings Coverage

Among 6 analysts covering Kornit Digital (NASDAQ:KRNT), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kornit Digital had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 23 by Citigroup. The company was maintained on Wednesday, September 27 by Craig Hallum. Canaccord Genuity maintained Kornit Digital Ltd. (NASDAQ:KRNT) on Wednesday, September 27 with “Buy” rating. The rating was maintained by Barclays Capital on Wednesday, November 15 with “Buy”. The rating was maintained by Needham with “Buy” on Thursday, January 12. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, September 27. The rating was maintained by Needham with “Buy” on Monday, August 17. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, June 21. The stock of Kornit Digital Ltd. (NASDAQ:KRNT) has “Neutral” rating given on Wednesday, September 27 by Citigroup. The stock of Kornit Digital Ltd. (NASDAQ:KRNT) earned “Buy” rating by Canaccord Genuity on Friday, August 18. Below is a list of Kornit Digital Ltd. (NASDAQ:KRNT) latest ratings and price target changes.

14/02/2018 Broker: Needham Rating: Buy New Target: $18.0 Maintain
23/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $18.0 Maintain
23/01/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
15/11/2017 Broker: Barclays Capital Rating: Buy New Target: $17.0 Maintain
08/11/2017 Broker: Barclays Capital Rating: Overweight Old Target: $18 New Target: $17 Maintain
27/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $18.0 Maintain
27/09/2017 Broker: Barclays Capital Rating: Overweight Old Target: $22 New Target: $18 Maintain
27/09/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $24 New Target: $18 Maintain
27/09/2017 Broker: Craig Hallum Rating: Buy New Target: $20.0 Maintain
27/09/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade

The stock decreased 1.87% or $0.25 during the last trading session, reaching $13.15. About 524,438 shares traded or 60.66% up from the average. Kornit Digital Ltd. (NASDAQ:KRNT) has risen 105.20% since February 20, 2017 and is uptrending. It has outperformed by 88.50% the S&P500.

Kornit Digital Ltd. designs, develops, and markets digital printing solutions for printed textile industry. The company has market cap of $443.62 million. It offers direct-to-garment printers from smaller commercial operators to mass producers; NeoPigment ink and other consumables; Vulcan, a digital substitution for carousel screen printing; Allegro roll to roll printers; QuickP Designer software; and value added services, such as maintenance and support, and professional services. It currently has negative earnings. The firm serves decorators, online businesses, brand owners, and contract printers.

More notable recent Kornit Digital Ltd. (NASDAQ:KRNT) news were published by: Globenewswire.com which released: “Kornit Digital launches new HD printing technology for the Avalanche series” on January 16, 2018, also Globenewswire.com with their article: “Kornit Digital Reports Preliminary Results for Third Quarter 2017” published on September 26, 2017, Globenewswire.com published: “Kornit Digital Announces Date for Fourth Quarter and Full Year 2017 Earnings …” on January 30, 2018. More interesting news about Kornit Digital Ltd. (NASDAQ:KRNT) were released by: Globenewswire.com and their article: “Kornit Digital to Present at the CJS Securities 17th Annual “New Ideas” Summer …” published on July 05, 2017 as well as Globenewswire.com‘s news article titled: “Kornit Digital’s install base in China crosses the 125 systems mark” with publication date: January 10, 2018.

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