Buckingham Starts Allegheny Technologies (ATI) at Buy, $61 Price Target

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November 28, 2011 1:38 PM EST
Get Alerts ATI Hot Sheet
Price: $228.48 --0%

Rating Summary:
    18 Buy, 4 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 16 | New: 19
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Buckingham Research's Richard Safran initiated coverage on shares of Allegheny Technologies (NYSE: ATI) with a Buy rating and $61 price target Monday.

With the stock up more than 6 percent to $46.10 at last check this afternoon, Safran's new price target represents potential upside of about 32 percent.

For an analyst ratings summary and ratings history on Allegheny Technologies click here. For more ratings news on Allegheny Technologies click here.

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