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Fly News Breaks for November 6, 2018
ATI
Nov 6, 2018 | 09:56 EDT
As previously reported, Longbow analyst Chris Olin upgraded Allegheny Technologies to Buy from Neutral. His checks with several contacts in the specialty materials channel gives Olin renewed confidence that jet engine makers and OEMs are on track to reach their aggressive 2018 production targets and will likely issue "aggressive" delivery guidance for 2019, the analyst told investors in his note issued prior to the market open. He set a $34 price target on Allegheny Technologies shares.