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Kennametal upgraded at Goldman

May 06, 2015 8:29 AM ETKennametal Inc. (KMT) StockKMTBy: Yoel Minkoff, SA News Editor
  • Goldman has removed Kennametal (NYSE:KMT) from its "Americas Sell List," upgrading the stock to Neutral and raising its price target to $37.
  • Kennametal shares flew up 6.3% yesterday after the company reported FQ3 results and CEO Don Nolan announced a third round of cost cuts.

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