Media stories about Kornit Digital (NASDAQ:KRNT) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kornit Digital earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.7471350126507 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Shares of Kornit Digital (NASDAQ:KRNT) opened at $15.70 on Friday. Kornit Digital has a one year low of $11.00 and a one year high of $23.15. The firm has a market cap of $529.64, a P/E ratio of 78.50, a P/E/G ratio of 5.12 and a beta of 0.06.

A number of brokerages have issued reports on KRNT. Barclays PLC cut their price target on shares of Kornit Digital from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Wednesday. Zacks Investment Research lowered shares of Kornit Digital from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Craig Hallum cut their target price on shares of Kornit Digital from $20.00 to $26.00 in a research note on Thursday, September 28th. Needham & Company LLC cut their target price on shares of Kornit Digital from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, September 27th. Finally, Canaccord Genuity restated a “buy” rating and set a $18.00 target price (down from $24.00) on shares of Kornit Digital in a research note on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $18.67.

ILLEGAL ACTIVITY NOTICE: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Kornit Digital (KRNT) Stock Price” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.watchlistnews.com/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-kornit-digital-krnt-stock-price/1697494.html.

About Kornit Digital

Kornit Digital Ltd. develops, designs and markets digital printing solutions for the global printed textile industry. The Company’s solutions include its digital printing systems, ink and other consumables, associated software and value added services. Its customers include custom decorators, online businesses, brand owners and contract printers.

Insider Buying and Selling by Quarter for Kornit Digital (NASDAQ:KRNT)

Receive News & Ratings for Kornit Digital Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kornit Digital Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.