Kennametal: Visible Near-Term Weakness

Core Viewpoint - The analyst gives a hold rating for Kennametal (NYSE: KMT) due to the lack of near-term recovery catalysts and anticipated continued weakness in its core Metal Cutting segment [1]. Industry Summary - There is ongoing weakness in industrial demand, which is impacting Kennametal's performance [1]. - Rising input costs are contributing to the challenges faced by the company [1]. - The performance in the Metal Cutting segment is weaker than expected, indicating potential difficulties ahead [1].