Kennametal Stock Discussion

Gainers:
• $Seritage Growth Properties (SRG.US)$ +53.9% (filed preliminary proxy materials; appointed Adam Metz as Chairman)
• $Annexon (ANNX.US)$ +5.8% (announces $130 mln private placement financing)
• $Hollysys Automation Technologies (HOLI.US)$ +5.2% (Buyer Consortium announces engagement of financial advisor and reaffirms non-binding indicative offer of $25 per share to acquire Hollysys)
• $Ashford Hospitality Trust (AHT.US)$ +5.1% (...

Upgrades
• $Banc of California (BANC.US)$: Raymond James Upgrades to Outperform from Market Perform - PT $22
• $Cullen/Frost Bankers (CFR.US)$: Raymond James Upgrades to Outperform from Market Perform
• $W.W. Grainger (GWW.US)$: Wolfe Research Upgrades to Outperform from Peerperform
• $Invitation Homes Inc (INVH.US)$: Evercore ISI Upgrades to Outperform from In Line - PT $46 (from $44)
• $PCB Bancorp (PCB.US)$: Raymond James Upgrades to Outperform from Market Perfor...

Gainers
• $Plantronics (POLY.US)$ +50% (to be acquired by HP Inc ( $HP Inc (HPQ.US)$) for $40.00 per share)
• $Axsome Therapeutics (AXSM.US)$ +21.6% (Jazz Pharma divests Sunosi to Axsome Therapeutics)
• $Staar Surgical (STAA.US)$ +15.4% (receives FDA approval of EVO Visian Implantable Collamer Lenses)
• $Palladyne AI (STRC.US)$ +7.6% (announces that the Company has reached a definitive merger agreement to acquire Pittsburgh-base...

Upgrades
• $Bank of America (BAC.US)$: Morgan Stanley Upgrades to Equalweight from Underweight - PT $49 (from $51)
• $Bank of New York Mellon (BK.US)$: Morgan Stanley Upgrades to Equalweight from Underweight - PT $58 (from $65)
• $Deere (DE.US)$: JP Morgan Upgrades To Neutral From Underweight - PT $440 (from $355)
• $Illinois Tool Works (ITW.US)$: JP Morgan Upgrades To Overweight From Neutral - PT $255 (from $262)
• $KLA Corp (KLAC.US)$: Goldman Sachs Upgrades to Bu...