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