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Stock Market & Financial Investment News

News Breaks
April 7, 2014
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.
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