Kennametal 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.
News For KMT From The Last 14 Days
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