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Fly News Breaks for June 7, 2017
KMT
Jun 7, 2017 | 07:14 EDT
After hosting an Ohio plant tour, Jefferies analyst Stephen Volkmann says Kennametal remains one of the most attractive turnaround stories in his firm's coverage. The analyst left the visit "convinced" that the company is making progress on its internal improvement initiatives and that end market activity has "clearly improved" since his last visit. Volkmann keeps a Buy rating on Kennametal with a $50 price target.
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