DA Davidson initiated coverage on Kennametal with a new price target
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Historical context for KMT
Across the 19 sessions after earlier KMT headlines, the stock closed higher 9 times and lower 10 times, with a median move of 2.4% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | KMT | SPY |
|---|---|---|---|
| May 29, 2026 | Kennametal Strengthens Balance Sheet & Enhances Liquidity | -2.6% | +0.2% |
| May 27, 2026 | Kennametal downgraded by Barclays with a new price targetand 1 other headline that session | -5.9% | -0.0% |
| May 26, 2026 | Kennametal Inc. Announces Pricing Terms of Cash Tender Offer for Debt Securities | +2.4% | +0.7% |
| May 19, 2026 | Kennametal Inc. Announces Public Offering of Senior Notes and Cash Tender Offer for Debt Securities | -1.0% | -0.7% |
| May 18, 2026 | Kennametal to Attend KeyBanc Capital Markets 2026 Industrials & Basic Materials Conference | +0.8% | -0.1% |
| May 7, 2026 | Kennametal downgraded by Jefferies with a new price targetand 1 other headline that session | -3.6% | -0.3% |
Keep researching KMT
- What is Initiation of coverage?The first research report an analyst or brokerage publishes on a company, setting an opening rating and price target.
- Analyst upgrades and downgradesAn analyst upgrade or downgrade is a change in a sell-side analyst's stock rating. Learn what Buy, Hold and Sell mean, how price targets work and which changes matter.
- KMT insider tradesEvery buy and sale reported by Kennametal Inc. officers, directors and large holders.
- KMT earnings historyPast Kennametal Inc. earnings releases, newest first.
- KMT financial statementsRevenue, profit, cash flow and balance sheet from Kennametal Inc.'s SEC filings.
Quantisnow market dataNYSE
KMT
Kennametal Inc.
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Industrial Machinery/Components
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