Barclays raised the firm’s price target on Kennametal (KMT) to $24 from $22 and keeps an Equal Weight rating on the shares. Coming out of earnings, the firm sees the risk/reward profile on SMID-cap short cycle industrial stocks as “more attractive than going in.”
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Read More on KMT:
- Kennametal’s Financial Outlook: Sell Rating Amid Temporary Gains and Tariff Challenges
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