Kornit Digital Reports 2017 Fourth Quarter and Full Year Results

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Kornit Digital Ltd. (KRNT) PT Lowered to $18 at Needham & Company, Maintains Buy on Re-acceleration Of Rev Growth In 2018

February 14, 2018 6:56 AM EST

Needham & Company lowered its price target on Kornit Digital Ltd. (NASDAQ: KRNT) to $18.00 (from $19.00) while maintaining a Buy rating.

Analsyt James Ricchiuti commented, " Although 2017 was a disappointing year for KRNT, with permit-related deployment delays at a large customer (AMZN) impacting revenue growth, the... More