Allegheny Technologies Incorporated

Deutsche Bank provided updates a number of companies in a research report published today. Dana Corporation (NYSE: DAN) had its rating maintained at Buy and its price target was left unchanged at $22 after a meeting with the company's management. In the report, Deutsche Bank states, "Dana...

Stifel Nicolaus has raised its price target from $78 to $85 on Allegheny Technologies (NYSE: ATI) in light of the company's Ladish deal. Says Stifel Nicolaus, in its report, “Ladish will become part of the High Performance Metals (HPM) segment within Allegheny. Due to the charges and purchase...

Citi maintains its Sell/High risk rating after Allegheny Technologies Inc. (NYSE: ATI) acquired Ladish (NASDAQ: LDSH). In a note to clients, Citi writes, "We rate ATI High Risk due to its earnings volatility, share price volatility and relatively small size. Operating cash flow generation estimates...