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NASDAQ:KMT News 13 January 2026

Kennametal stock jumps on Jefferies upgrade as tungsten prices hit fresh highs

Kennametal stock jumps on Jefferies upgrade as tungsten prices hit fresh highs

New York, January 13, 2026, 12:28 EST — Regular session Kennametal Inc shares jumped about 8.4% to $33.32 in midday trading Tuesday after Jefferies upgraded the industrial toolmaker and raised its price target. The stock gained $2.60, hitting a high of $34.14, with volume just over 1 million shares. (TradingView) The timing is tricky for investors: tungsten, crucial for carbide…
13 January 2026
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