ATI Announces Third Quarter 2016 Results

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Deutsche Bank Downgrades Allegheny Technologies (ATI) to Hold

October 27, 2016 7:29 AM EDT

Deutsche Bank downgraded Allegheny Technologies (NYSE: ATI) from Buy to Hold with a price target of $17.00 (from $20.00).

Analyst Jorge Beristain said, "We update our model to include the company's 3Q16 results and management's revised guidance. The Flat Rolled Products segment is now... More