Barclays Maintains Equal-Weight on Kennametal, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Kennametal (NYSE:KMT) and raises the price target from $24 to $25.

August 09, 2024 | 12:46 pm
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Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Kennametal and raises the price target from $24 to $25.
The raised price target from $24 to $25 by Barclays suggests a slightly more positive outlook on Kennametal's stock, which could lead to a modest increase in investor confidence and short-term stock price.
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