Kornit Digital price target lowered to $26 from $28.50 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Kornit Digital (KRNT) to $26 from $28.50 and keeps an Overweight rating on the shares. Kornit Digital posted Q3 revenue above estimates, and while Q4 guidance was below expectations as the company continues to transition to the All-Inclusive Click model, the company sees sequential growth in revenue, gross margin, and adjusted EBITDA, the analyst tells investors in a research note.