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Stock impact report

SpaceX IPO Could Boost ATI Inc (ATI) Prospects [Yahoo! Finance]

ATI Inc. (ATI) 
Last ati inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.atimetals.com
Company Research Source: Yahoo! Finance
On April 10, financial services firm Susquehanna, reaffirming a positive rating on the ATI Inc. (NYSE:ATI) shares, raised its price target from $155 to $185. The firm's upward price target revision suggests an additional 20.1% upside from the current levels. Analysts at Susquehanna believe there is a need to expand the Defense Industrial Base capacity due to the Middle East conflict. They are convinced that due to the current situation in the region, the Defence industry will grow over the next three to five years. After reviewing the revenue expectations for the first quarter, the firm updated its model for the Aerospace and Defense sector. Similarly, on April 09, KeyBanc analyst Samuel McKinney raised the firm's price target on ATI Inc. (NYSE:ATI) from $140 to $167 while maintaining an Overweight rating. After conducting a private survey, the firm expects higher future revenue due to increased activity in OEM. To keep up with high demand, suppliers are increasing inventory to pre Show less Read more
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