Shares of Kennametal Inc. (NYSE:KMT – Get Free Report) have been given a consensus rating of “Reduce” by the nine brokerages that are covering the firm, MarketBeat reports. DA Davidson assumed coverage on Kennametal in a research report on Tuesday, June 16th. Zacks Research cut shares of Kennametal from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings lowered shares of Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. Kennametal Stock PerformanceShares of NYSE KMT opened at $34.87 on Friday.