Allegheny Technologies (ATI) Tops Q4 EPS by 17c

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Allegheny Technologies (ATI) PT Raised to $29 at Deutsche Bank Following 4Q

January 24, 2018 7:17 AM EST

Deutsche Bank raised its price target on Allegheny Technologies (NYSE: ATI) to $29.00 (from $25.00) while maintaining a Hold rating following the company's 4Q earnings report. 4Q17 adjusted EPS of $0.27 was above the FactSet consensus of $0.14.

Management guides 100-300bps improvement YoY for FRP's margin in 2018... More

Allegheny Technologies (ATI) PT Raised to $35 at Cowen, Sees Re-Rating

January 23, 2018 3:17 PM EST

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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