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Stock Market & Financial Investment News

News Breaks
January 6, 2014
06:54 EDTKMTKennametal downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Kennametal due to high organic growth expectations and lack of capital allocation catalysts. Price target remains $50.
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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