Zacks Investment Research upgraded shares of KENNAMETAL INC (KMT) from UNDERPERFORM to NEUTRAL on August 17, 2012, with a target price of $38.20.
Kennametal Inc. is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. The company improves customers' competitiveness by providing superior economic returns through the delivery of application knowledge and advanced technology to master the toughest of materials application demands. Companies producing everything from airframes to coal, from medical implants to oil wells and from turbochargers to motorcycle parts recognize Kennametal for extraordinary contributions to their value chains.
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