Market Overview

Why Kornit Digital's Stock Is Trading Higher Today

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Kornit Digital (NASDAQ: KRNT) shares are trading higher on Wednesday following first-quarter earnings release.

Needham maintained a Buy rating and raised the stock's price target $31 to $46 following first-quarter sales beat.

Kornit Digital offers digital printing solutions for the printed textile industry. It manufactures and markets industrial and commercial printing solutions for the garment, apparel and fabric industry. The group's business is operated throughout the U.S, Europe and Asia Pacific with a wide network of distribution channels around the globe.

Kornit Digital shares are trading up 27.63% at $45.54 at time of publication on Wednesday. The stock has a 52-week high of $62.02 and a 52-week low of $32.

Latest Ratings for KRNT

DateFirmActionFromTo
May 2020CitigroupMaintainsNeutral
May 2020StifelMaintainsBuy
May 2020NeedhamMaintainsBuy

View More Analyst Ratings for KRNT
View the Latest Analyst Ratings

 

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Posted-In: why it's movingEarnings News Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
TYGB of A SecuritiesUpgrades
ZIONB of A SecuritiesMaintains39.0
RFB of A SecuritiesMaintains13.0
PNCB of A SecuritiesMaintains123.0
HBANB of A SecuritiesMaintains11.0
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