Keybanc Maintains Overweight on ATI, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs maintains an Overweight rating on ATI (NYSE:ATI) but lowers the price target from $49 to $48.
October 19, 2023 | 12:01 pm
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Keybanc has maintained an Overweight rating on ATI but lowered the price target from $49 to $48.
The news is directly related to ATI as the company's stock rating and price target have been updated by Keybanc. The Overweight rating suggests that Keybanc expects ATI's stock to outperform the market, which is positive for the company. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100