ATI Inc. (NYSE:ATI) is one of the Best Performing NYSE Stocks According to Analysts. Wall Street is bullish on the stock despite the company missing revenue estimates for FQ2 2025 by $15.80 million. On the bright side, the EPS of $0.74 topped consensus by $0.03. Several analysts have given a bullish rating on the stock after the company’s earnings report.
On August 1, TD Cowen analyst Gautam Khanna raised the price target on ATI Inc. (NYSE:ATI) from $75 to $95, while reiterating a Buy rating on the stock. More recently, on August 4, BTIG also raised the firm’s price target on the stock from $105 to $120, while keeping a Buy rating.
TD Cowen analyst Gautam Khanna noted the company experienced strong demand for its engine alloys and forgings. He expects jet engine sales to rise significantly as well. He noted that a renewed contract with Boeing improves pricing and offers cost protection.
ATI Inc. (NYSE:ATI) manufactures advanced specialty materials and complex components, mainly for the aerospace and defense industries.
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Disclosure: None. This article is originally published at Insider Monkey.