Why Allegheny Technologies Stock Just Jumped 10%
Shares of aerospace components and specialty metals maker Allegheny Technologies (NYSE: ATI) stock are up 10.4% as of 2:55 p.m. EDT.
Allegheny Technologies -- which despite the name is anything but a tech stock -- reported Q2 earnings this morning. Revenue of $880.2 million exceeded analyst expectations, as did earnings, with Allegheny reporting per-share profits of $0.09 for the quarter -- two cents ahead of the consensus.
Allegheny Technologies' earnings -- shiny! Image source: Getty Images.
Source: Fool.com
Allegheny Technologies Aktie
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-0,54 %
Eine klare Neigung zu Buy-Einschätzungen bei Allegheny Technologies, ohne Sell-Einschätzungen.
Mit einem Kursziel von 229 € für Allegheny Technologies könnte eine leichte Steigerung gegenüber dem aktuellen Kurs von 195.2 € erreicht werden.
