Loop Capital Maintains Hold on Kennametal, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert maintains a Hold rating on Kennametal (NYSE:KMT) but lowers the price target from $24 to $22.
June 21, 2024 | 1:51 pm
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Loop Capital analyst Chris Dankert maintains a Hold rating on Kennametal but lowers the price target from $24 to $22.
The lowered price target from $24 to $22 suggests a less optimistic outlook for Kennametal's stock performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 70
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