Morgan Stanley cuts Kennametal rating on tungsten price impact
UKPulse Markets Desk
Morgan Stanley has downgraded Kennametal's stock rating, citing the impact of tungsten prices. The move was reported by Investing.com UK on 10 August 2026.
- Morgan Stanley cut its rating on Kennametal stock.
- The downgrade was attributed to the impact of tungsten prices.
- The report was published on 10 August 2026.
Morgan Stanley has downgraded its rating on Kennametal, a metals and tooling company, according to a report from Investing.com UK. The move was attributed to the impact of tungsten prices on the company's outlook.
The report, dated 10 August 2026, did not specify the new rating or the extent of the price impact.