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Knoll (NYSE:KNL) was upgraded by investment analysts at TheStreet from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Analyst Ratings.Net reports.

The analysts wrote, “Knoll (KNL) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.”

Shares of Knoll (NYSE:KNL) traded up 4.16% on Monday, hitting $19.04. 597,665 shares of the company’s stock traded hands. Knoll has a 52-week low of $13.46 and a 52-week high of $20.10. The stock’s 50-day moving average is $17.0 and its 200-day moving average is $16.79. The company has a market cap of $898.7 million and a P/E ratio of 34.49.

Knoll (NYSE:KNL) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The company had revenue of $229.30 million for the quarter, compared to the consensus estimate of $219.20 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, analysts predict that Knoll will post $0.98 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of Knoll in a research note on Monday. They now have a $21.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Knoll from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. They now have a $17.20 price target on the stock. Finally, analysts at Zacks downgraded shares of Knoll from a “neutral” rating to an “underperform” rating in a research note on Monday, February 10th. They now have a $14.50 price target on the stock.

Knoll, Inc is a designer and manufacturer of workplace furnishings, textiles and fine leathers. The Company operates in three segments: Office, Studio and Coverings.

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