Analysts Offer Insights on Industrial Goods Companies: Electrovaya (ELVA) and Kornit Digital (KRNT)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Electrovaya (ELVA – Research Report) and Kornit Digital (KRNT – Research Report) with bullish sentiments.
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Electrovaya (ELVA)
Craig-Hallum analyst Eric Stine maintained a Buy rating on Electrovaya today. The company’s shares closed last Monday at $9.41.
According to TipRanks.com, Stine is a 5-star analyst with an average return of
Electrovaya has an analyst consensus of Strong Buy, with a price target consensus of $10.13, implying a 12.7% upside from current levels. In a report issued on January 26, TipRanks – xAI also upgraded the stock to Buy with a C$16.50 price target.
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Kornit Digital (KRNT)
In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Kornit Digital. The company’s shares closed last Monday at $14.72, close to its 52-week low of $13.59.
According to TipRanks.com, Palm is a 5-star analyst with an average return of
The the analyst consensus on Kornit Digital is currently a Moderate Buy rating.
