Goldman Sachs maintains its Neutral rating on Allegheny Technologies ATI in a research report published today.
Goldman Sachs failed to upgrade Allegheny's rating in spite of raising its 2011 earnings per share forecast to $3.22, following Allegheny's better than expected Q1 results. Goldman left earnings per share estimates for the following year unchanged, however.
Goldman Sachs also maintains its $65 price target on Allegheny, which closed yesterday at $72.74.
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