KeyBanc Upgrades Kennametal (KMT) to Buy; We Like Improving Macro Outlook and Relative Valuation

January 3, 2011 7:33 AM EST Send to a Friend
KeyBanc upgraded Kennametal (NYSE: KMT) from Hold to Buy. PT $48.

KeyBanc analyst says, "Concurrently, we are increasing our FY11 ...

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