Allegheny Technologies (ATI) Tops Q2 EPS by 2c

Go back to Allegheny Technologies (ATI) Tops Q2 EPS by 2c

JPMorgan Upgrades Allegheny Technologies (ATI) to Neutral

July 26, 2017 4:35 AM EDT

JPMorgan upgraded Allegheny Technologies (NYSE: ATI) from Underweight to Neutral with a price target of $19.00 (from $14.50).

Analyst Mike Gambardella believes the company will continue to face challenges from stainless steel citing Q3 guidance for a operating loss in Flat Rolled. He believes downside... More