Why Allegheny Technologies Incorporated's Shares Popped 11% Today
Shares of Allegheny Technologies Incorporated (NYSE: ATI) jumped as much as 11.1% in trading Tuesday after being upgraded by an analyst at Longbow Research. By 3:40 p.m. EDT shares had slipped slightly but were still trading 9.8% higher on the day.
Chris Olin at Longbow reiterated a buy rating on Allegheny Technologies stock and increased his earnings estimate for 2018 by $0.04 to $1.40 per share. He also maintained a price target for the stock of $24 per share.
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Source: Fool.com
Allegheny Technologies Stock
€58.08
-0.510%
We see a rather positive sentiment for Allegheny Technologies with 14 Buy predictions and 1 Sell predictions.
With a target price of 65 € there is a slightly positive potential of 11.91% for Allegheny Technologies compared to the current price of 58.08 €.
