Alert: Major Price Advance (11/2/23)-Kornit Digital Ltd (NASDAQ: KRNT).


Kornit Digital Ltd (NASDAQ: KRNT) stock enjoyed a major increase of 12.7% on 11/2/23. The shares closed at $16.29. The stock has performed in line with the market over the last nine months and has risen 18.0% during the last week.


Current PriceTarget Research Rating

KRNT is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Kornit Digital has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kornit Digital has a neutral Appreciation Score of 53 and a slightly negative Power Rating of 40, producing the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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