Cantor Fitzgerald initiated coverage of Kornit Digital (KRNT) with an Overweight rating and $39 price target The firm believes Kornit is positioned to capitalize on the shift by retailers and brands to on-demand fulfillment with its print technology for mass production and expanding go-to-market strategy with the rollout of its all-inclusive clicks business model. Kornit is a leading player in sustainable, on-demand, digital fashion and textile production technologies, the analyst tells investors in a research note. Cantor sees a “long runway of growth opportunities” as the company expands its market from custom design to on-demand mass production.
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Read More on KRNT:
- Kornit Digital initiated with an Overweight at Cantor Fitzgerald
- Kornit Digital price target raised to $33 from $27 at Craig-Hallum
- Kornit Digital Reports Positive Q3 2024 Earnings
- Kornit Digital Sees Profitability with Growing Platform Adoption
- Kornit Digital reports Q3 EPS 11c, consensus 7c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
