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Currently, the analyst consensus on Kornit Digital is a Moderate Buy with an average price target of $49.00, representing an 112.03% upside. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a $42.00 price target.
KRNT market cap is currently $1.13B and has a P/E ratio of -58.86.
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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. The company was founded by Ofer Ben-Zur on January 16, 2002 and is headquartered in Rosh HaAyin, Israel.
Read More on KRNT:
- Kornit Digital Encourages Textile Industry to “Be the Change” by Adopting Groundbreaking, Sustainable, High-Volume, On-Demand Production at PRINTING United Expo 2022
- Kornit Digital Issues Second-Annual Impact Report; Reaffirms Commitment to Impact Strategy Focused on Long-Term Industry Change
- Kornit Digital Sets Third Quarter Earnings Release Date and Webcast