Kornit Digital (KRNT) PT Set at $19.00 by Barclays
Kornit Digital (NASDAQ:KRNT) received a $19.00 price objective from analysts at Barclays in a report issued on Wednesday. The brokerage presently has a “buy” rating on the industrial products company’s stock. Barclays’ price objective would indicate a potential upside of 26.08% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on the stock. BidaskClub cut shares of Kornit Digital from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Zacks Investment Research cut shares of Kornit Digital from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Craig Hallum decreased their price objective on shares of Kornit Digital from $20.00 to $26.00 in a research report on Thursday, September 28th. Needham & Company LLC decreased their price objective on shares of Kornit Digital from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, September 27th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $18.00 price objective (down from $24.00) on shares of Kornit Digital in a research report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. Kornit Digital has a consensus rating of “Hold” and an average price target of $19.00.
Shares of Kornit Digital (KRNT) opened at $15.07 on Wednesday. Kornit Digital has a 12-month low of $12.85 and a 12-month high of $23.15. The firm has a market cap of $508.53 and a price-to-earnings ratio of -1,507.00.
COPYRIGHT VIOLATION WARNING: “Kornit Digital (KRNT) PT Set at $19.00 by Barclays” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.thecerbatgem.com/2018/01/12/kornit-digital-krnt-pt-set-at-19-00-by-barclays.html.
Kornit Digital Company Profile
Kornit Digital Ltd. develops, designs and markets digital printing solutions for the global printed textile industry. The Company’s solutions include its digital printing systems, ink and other consumables, associated software and value added services. Its customers include custom decorators, online businesses, brand owners and contract printers.
Receive News & Ratings for Kornit Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kornit Digital and related companies with MarketBeat.com's FREE daily email newsletter.