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Stock Market & Financial Investment News

News Breaks
January 24, 2013
14:17 EDTKMTKennametal pullback a buying opportunity, says Barrington
Barrington believes Kennametal's organic volumes are currently bottoming and recommends buying the stock on today's pullback. The firm thinks Kennametal can see strong earnings over the next few years following this morning's guidance reset and keeps an Outperform rating on the stock.
News For KMT From The Last 14 Days
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April 7, 2014
10:00 EDTKMTOn The Fly: Analyst Downgrade Summary
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06:41 EDTKMTKennametal downgraded to Underperform from Neutral at BofA/Merrill
As previously reported, BofA/Merrill downgraded Kennametal to Underperform from Neutral. The firm has concerns regarding margin trends in the core business and the recent Allegheny acquisition and that expectations are overly optimistic. Price target lowered to $42.
06:04 EDTKMTKennametal downgraded to Underperform from Neutral at BofA/Merrill
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