Allegheny Technologies (ATI) Tops Q1 EPS by 7c

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Allegheny Technologies (ATI) PT Raised to $80 at Deutsche Bank

May 1, 2024 5:24 AM EDT

Deutsche Bank analyst Scott Deuschle raised the price target on Allegheny Technologies (NYSE: ATI) to $80.00 (from $70.00) while maintaining a Buy rating.

The analyst comments "ATI reported 1Q24 EBITDA 2% ABOVE, guided 2Q24 EBITDA 3.6% ABOVE, and RAISED its full year guidance on EPS by 5.6% and FCF... More