Kennametal Analysts Boost Their Forecasts After Better-Than-Expected Q1 Results
1. KMT beat Q1 expectations with adjusted earnings of 34 cents per share. 2. Sales of $497.974 million exceeded estimates of $476.934 million. 3. FY26 guidance raised above market estimates following strong performance. 4. Analysts adjusted price targets, with Barclays maintaining Equal-Weight rating. 5. JP Morgan maintained an Underweight rating while raising price targets.