UPDATE: BMO Capital Markets Raises PT on Kennametal Following FY4Q EPS Report
July 26, 2013 at 12:16 PM EDT
In a report published Friday, BMO Capital Markets analyst Joel Tiss reiterated a Market Perform rating on Kennametal (NYSE: KMT ), and raised the price target from $41.00 to $44.00. In the report, BMO Capital Markets noted, “Kennametal reported FY 4Q (June) EPS of $0.76 and guided 2014 EPS in