ATS Announces Election Of Directors

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Goldman Sachs Reiterates Sell Rating on ATS Corp (ATS)

August 13, 2024 5:12 AM EDT

Goldman Sachs analyst Joe Ritchie reiterated a Sell rating and $30.00 price target on ATS Corp (NYSE: ATS)

The analyst comments "Bottom line. EV pressuring growth though backlog improvement encouraging. ATS reported F1Q24 adj. EBITDA that was in line with Visible Alpha Consensus Data. Sales came in line vs. VA consensus as strength in Consumer Products (+37% vs consensus) offset the weakness... More