Kennametal (KMT) Tops Q3 EPS by 14c, Raises FY Guidance
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UPDATE: Stifel Moves to Sideline on Kennametal (KMT); Stock Downgraded to 'Hold'
May 4, 2016 8:05 AM EDT(Updated - May 4, 2016 1:28 PM EDT)
Stifel downgraded Kennametal (NYSE: KMT) from Buy to Hold and removed its price target (prior $22). The change follows the release of better than expected March earnings and improved guidance.
"While an increase from our prior $22... More
