KeyBanc Capital Initiates Blount International Coverage With Buy, $20 PT

KeyBanc Capital Markets initiated Blount International BLT coverage with a Buy rating and $20 price target in a research report published today. In the report, KeyBanc Capital Markets states, "In our view, BLT possesses a well established market niche and maintains meaningful opportunities to drive earnings expansion as the deal-focused management team expands the Company's product portfolio and drives operational improvements." Shares of Blount International were trading at $15.48 at the time of posting, up 0.58% from Tuesday's market close.