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Kennametal price target raised to $31 from $25 at Barclays
The Fly

Kennametal price target raised to $31 from $25 at Barclays

Barclays raised the firm’s price target on Kennametal (KMT) to $31 from $25 and keeps an Equal Weight rating on the shares following the fiscal Q1 report. Kennametal is executing “quite well amidst a sluggish demand environment,” the analyst tells investors in a research note.

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