Keybanc Maintains Overweight Rating for ATI: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keybanc has maintained its Overweight rating for ATI (NYSE:ATI) and increased its price target from $49.00 to $56.00. ATI's shares are currently trading at $44.65, and the new price target suggests a potential 25.42% increase. ATI supplies specialty metals to various industries, with the majority of its revenue coming from the Advanced Alloys and Solutions segment.
February 21, 2024 | 5:00 pm
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Keybanc maintains Overweight rating on ATI, raising price target from $49 to $56, indicating a potential 25.42% increase from the current price.
The maintenance of an Overweight rating combined with a raised price target by Keybanc suggests a strong confidence in ATI's future performance. This is likely to positively influence investor sentiment and potentially drive up ATI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100