This Just In: Orbital ATK Stock Upgraded After Earnings

This Just In: Orbital ATK Stock Upgraded After Earnings

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

It's been nearly two weeks since Orbital ATK (NYSE: OA) reported its fiscal Q2 2017 earnings, surprising analysts with a better-than-expected pro forma number. Today, at long last, Orbital ATK received its reward, when analysts from Argus Research announced they were upgrading the stock to buy.

Here are three things you need to know about that.

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Source: Fool.com