Canaccord Genuity Keeps Their Buy Rating on Kornit Digital

Canaccord Genuity analyst Robert Burleson maintained a Buy rating on Kornit Digital (NASDAQ: KRNT) today and set a price target of $20. The company’s shares opened today at $17.05.

According to TipRanks.com, Burleson is a 5-star analyst with an average return of 13.3% and a 60.8% success rate. Burleson covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Faro Technologies, and Nano Dimension.

Kornit Digital has an analyst consensus of Moderate Buy, with a price target consensus of $20.

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The company has a one-year high of $21.80 and a one-year low of $11.70. Currently, Kornit Digital has an average volume of 274.8K.

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Kornit Digital Ltd. engages in the development, manufacture, and marketing of industrial and commercial printing solutions for the garment, apparel, and textile industries. It offers printing solutions for apparel, polyester, sportswear, beachwear, accessories, paradigm shirt, textiles, curtains, cushions and couches.