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.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMT:
- Kennametal’s Financial Outlook: Sell Rating Amid Temporary Gains and Tariff Challenges
- Kennametal Reports Mixed Q3 2025 Results Amid Challenges
- Kennametal Inc Navigates Mixed Earnings Call with Optimism
- Kennametal raises FY25 adjusted EPS view to $1.30-$1.45 from $1.05-$1.30
- Kennametal reports Q3 adjusted EPS 47c, consensus 24c
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue