Morgan Stanley raises Kornit Digital stock price target to $17 on solid execution

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Morgan Stanley has increased its price target for Kornit Digital Ltd. (NASDAQ:KRNT) to $17.00 from $15.00, while maintaining an Equalweight rating. This adjustment reflects the company’s “clear progress” in recent results, including solid near-term execution and accelerating growth, despite the stock’s 51% decline over the past year. Analysts expect Kornit Digital to achieve profitability this year, although significant growth acceleration is not anticipated until 2027 and beyond.

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