- JPMorgan analyst Seth Seifman upgraded Allegheny Technologies Inc ATI to Overweight from Neutral and lowered the price target to $23, from $25, representing an upside of 32%.
- In the near term, Allegheny should see profitable High Performance Materials & Components segment growth on its narrow-body engine exposure, Seifman notes.
- The analyst says that if end markets "cooperate" and Allegheny executes well in 2022 and 2023, he could envision a $30 stock.
- Seifman views the stock's risk/reward as "compelling" at current share levels.
- Price Action: ATI shares traded higher by 2.28% at $17.49 on the last check Friday.
ATIATI Inc
$52.250.69%
Edge Rankings
Momentum43.16
Growth46.07
Quality-
Value62.34
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
