Barclays Maintains Equal-Weight on Kennametal, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Kennametal (NYSE:KMT) and raises the price target from $27 to $28.
July 10, 2023 | 2:38 pm
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POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Kennametal and raises the price target from $27 to $28.
The news of Barclays maintaining an Equal-Weight rating on Kennametal and raising the price target from $27 to $28 indicates a positive outlook for the company. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100