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Analysts Offer Insights on Industrial Goods Companies: Kornit Digital (KRNT) and Copa Holdings (CPA)

Tipranks - Tipranks - Fri May 15, 12:12PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Kornit Digital (KRNT) and Copa Holdings (CPA) with bullish sentiments.

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Kornit Digital (KRNT)

William Blair analyst Brian Drab maintained a Buy rating on Kornit Digital today. The company’s shares closed last Thursday at $15.53, close to its 52-week low of $13.59.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 40.9% and a 78.4% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, Donaldson Company, and Generac Holdings. ;'>

Currently, the analyst consensus on Kornit Digital is a Strong Buy with an average price target of $25.17, a 52.9% upside from current levels. In a report released yesterday, Needham also reiterated a Buy rating on the stock with a $22.00 price target.

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Copa Holdings (CPA)

In a report released today, Rogerio Araujo from Bank of America Securities maintained a Buy rating on Copa Holdings. The company’s shares closed last Thursday at $133.31.

Araujo has an average return of 14.7% when recommending Copa Holdings. ;'>

According to TipRanks.com, Araujo is ranked #2048 out of 12246 analysts.

Copa Holdings has an analyst consensus of Strong Buy, with a price target consensus of $157.14, a 23.8% upside from current levels. In a report issued on May 8, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $143.00 price target.

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