Kennametal shares are trading lower after Morgan Stanley lowered its price target on the stock from $36 to $31.

8-K filing — KENNAMETAL INC (KMT)

Filed: 2026-08-18 AccNo: 0001628280-26-057664 Size: 276 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 8.01: Other Events

UBS Maintains Neutral on Kennametal, Lowers Price Target to $35

UBS analyst Steven Fisher maintains Kennametal (NYSE:KMT) with a Neutral and lowers the price target from $39 to $35.

Airsculpt Technologies, Barrick Mining And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

Summary: U.S. stock futures mixed, Dow futures down 0.1%. AirSculpt Technologies shares fell 13.4% after reporting Q2 results in-line with estimates. Other stocks moving lower in pre-market trading include NAMI, BNED, YXT, TENX, MSC, B, VRSK, XFOR, HELP, and SLDB.

Kennametal shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY27 guidance above estimates. Also, the company issued Q1 guidance above estimates.