Why Allegheny Technologies Stock Just Jumped 10%
Shares of aerospace components and specialty metals maker Allegheny Technologies (NYSE: ATI) stock are up 10.4% as of 2:55 p.m. EDT.
Allegheny Technologies -- which despite the name is anything but a tech stock -- reported Q2 earnings this morning. Revenue of $880.2 million exceeded analyst expectations, as did earnings, with Allegheny reporting per-share profits of $0.09 for the quarter -- two cents ahead of the consensus.
Allegheny Technologies' earnings -- shiny! Image source: Getty Images.
Source: Fool.com
Allegheny Technologies Aktie
53,78 €
-0,74 %
Positive Tendenz bei Allegheny Technologies mit mehreren Buy-Einschätzungen als Sell-Einschätzungen.
Das Kursziel von 65 € für Allegheny Technologies weist auf eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 53.78 € hin.
