Kennametal Announces Fiscal 2017 Second Quarter Results
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Seaport Global Securities Upgrades Kennametal (KMT) to Buy
February 3, 2017 9:34 AM ESTSeaport Global Securities upgraded Kennametal (NYSE: KMT) from Neutral to Buy with a price target of $50.00 (from $28.00).
The analyt commented, "KMT's outlook improved due to the beginnings of an industrial recovery. We are upgrading KMT to a Buy from Neutral due to improving sector exposure, cost-reduction benefits,... More
Kennametal (KMT) PT Raised to $45 at Jefferies
February 3, 2017 8:58 AM ESTJefferies raised its price target on Kennametal (NYSE: KMT) to $45.00 (from $40.00) while maintaining a Buy rating. Operating results were higher than modeled expectations as solid Infrastructure margin performance helped to offset some weakness in Industrial and a higher than expected tax rate in the... More
JPMorgan Upgrades Kennametal (KMT) to Neutral
February 3, 2017 6:36 AM ESTJPMorgan upgraded Kennametal (NYSE: KMT) from Underweight to Neutral with a price target of $36.00 (from $27.00).
For an analyst ratings summary and ratings history on Kennametal click here. For more ratings news on Kennametal click here.
Shares of Kennametal closed at $36.71 yesterday.
... MoreKennametal (KMT) Tops Q2 EPS by 3c
February 1, 2017 5:07 PM ESTKennametal (NYSE: KMT) reported Q2 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $488 million versus the consensus estimate of $488.41 million.
For earnings history and earnings-related data on Kennametal (KMT) click here.
... More