Allegheny Technologies (ATI) PT Raised to $35 at Cowen, Sees Re-Rating
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Price: $198.48 -0.51%
Rating Summary:
18 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
Rating Summary:
18 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
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Cowen raised its price target on Allegheny Technologies (NYSE: ATI) to $35.00 (from $32.00) while maintaining an Outperform rating.
Analyst Gautam Khanna said the Q4 operating "beat", Q1 comments that suggest Street ests. are reasonable, and an attractive 2018+ aero engine narrative should be sufficient to drive an upward re-rating of the stock.
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