Published On: Wed, Oct 19th, 2016

Kornit Digital Ltd. (NASDAQ:KRNT) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Kornit Digital Ltd. (NASDAQ:KRNT).

07/05/2016 – Broker: Needham & Company Rating: buy New Target: 18 reiteration

02/10/2016 – Broker: Barclays Rating: overweight New Target: 16 reiteration

02/10/2016 – Broker: Stifel Nicolaus Rating: buy New Target: 17 reiteration

10/02/2015 – Broker: Canaccord Genuity Rating: buy New Target: 20 reiteration

04/27/2015 – Broker: William Blair Rating: outperform newcoverage

04/27/2015 – Broker: Citigroup Rating: buy New Target: 20 newcoverage

The average price target from the most recent broker reports is 18.20

The stock increased +1.48% (+0.15) during the last days session, reaching 10.30 and roughly 51057 shares were bought or sold by traders. Kornit Digital Ltd. (NASDAQ:KRNT) has decreased by -20.77% over 12 months.

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. The Company categorizes its Direct to Garment (DTG) systems into two groups: entry level and high throughput. The Company’s entry-level systems consist of its Breeze and Thunder systems. Its high throughput systems consist of its Avalanche family of systems, Storm II and Paradigm II. Allegro is its Roll to Roll (R2R) printing system. Its ink and other consumables consist of NeoPigment PURE ink, binding agent, priming fluid, wiping fluid and flushing fluid. Its pigment-based inks are available in over seven colors and are formulated for use in its systems.