Several other brokerages have also recently issued reports on KRNT. Needham & Company LLC decreased their price objective on Kornit Digital from $22.00 to $19.00 and set a buy rating on the stock in a report on Wednesday, September 27th. Canaccord Genuity reaffirmed a buy rating and set a $18.00 price objective (down from $24.00) on shares of Kornit Digital in a report on Wednesday, September 27th. Stifel Nicolaus decreased their price objective on Kornit Digital from $20.00 to $18.00 and set a buy rating on the stock in a report on Wednesday, September 27th. Citigroup cut Kornit Digital from a buy rating to a neutral rating and decreased their price objective for the stock from $21.50 to $14.00 in a report on Wednesday, September 27th. Finally, BidaskClub cut Kornit Digital from a hold rating to a sell rating in a report on Thursday, December 7th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. Kornit Digital presently has a consensus rating of Hold and a consensus target price of $19.00.
Kornit Digital (KRNT) opened at $15.70 on Wednesday. Kornit Digital has a twelve month low of $12.85 and a twelve month high of $23.15. The company has a market capitalization of $508.56, a P/E ratio of -1,570.00, a P/E/G ratio of 1.07 and a beta of 0.17.
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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.
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