Allegheny Technologies, Inc. (ATI) Tops Q4 EPS by 2c
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Goldman Sachs Downgrades Allegheny Technologies (ATI) to Neutral; Cuts PT/Est.
January 24, 2013 7:40 AM ESTGoldman Sachs downgraded Allegheny Technologies (NYSE: ATI) from Buy to Neutral with a price target of $30.00 (from $35.00).
The firm cited lower stainless steel sales volume and margins and somewhat slower titanium demand growth.
The firm cut FY13 EPS estimates from $2.00 to $1.50... More
