Morgan Stanley Upgrades Kornit Digital to Overweight, Announces $29 Price Target
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Erik Woodring has upgraded Kornit Digital (NASDAQ:KRNT) from Equal-Weight to Overweight and set a price target of $29.
August 10, 2023 | 9:24 am
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Kornit Digital's stock has been upgraded to Overweight by Morgan Stanley with a price target of $29.
The upgrade from Morgan Stanley is a positive signal for Kornit Digital. It indicates that the analyst believes the company's stock will outperform the market, which could lead to an increase in its stock price. The price target of $29 also suggests that the analyst sees significant upside potential for the stock.
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