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Fly News Breaks for January 8, 2018
ATI
Jan 8, 2018 | 08:17 EDT
As reported previously, Cowen analyst Gautam Khanna upgraded Allegheny Technologies to Outperform from Market Perform. The analyst sees an improved upside estimate revision due to accelerating sales and positive free cash flow prospects. He said the improvements are from the long-term growth positioning the company had previously undertaken. Khanna raised his price target to $32 from $23 on Allegheny Technologies shares.
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