Barclays (LON:BARC) analyst Tavy Rosner maintained a Buy rating on Kornit Digital (NASDAQ:KRNT) on Wednesday, setting a price target of $80, which is approximately 8.30% above the present share price of $73.87.
Rosner expects Kornit Digital to post earnings per share (EPS) of -$0.11 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Kornit Digital, with an average price target of $75.4.
The analysts price targets range from a high of $80 to a low of $70.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $37.44 million and a net profit of -$5.33 million. The company's market cap is $3.22 billion.
According to TipRanks.com, Barclays analyst Tavy Rosner is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.9% and a 58.70% success rate.
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.