Goldman Sachs Maintains Sell on Kennametal, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Sell rating on Kennametal (NYSE:KMT) and has lowered the price target from $26 to $23.
November 02, 2023 | 1:43 pm
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Goldman Sachs has maintained a Sell rating on Kennametal and lowered the price target from $26 to $23.
The Sell rating maintained by Goldman Sachs and the lowering of the price target indicates a negative outlook for Kennametal. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100