Alert: Rating Downgrade (12/15/23)-ATI Inc (NYSE: ATI).


Stock Rating Downgrade

During the last several trading days the Value Trend Rating for ATI Inc (NYSE: ATI) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

ATI Inc (NYSE: ATI) stock closed at $42.72 on 12/15/23 after a slight decline of -0.6%. Moreover, trading volume in this decline was exceptionally high at 257% of normal. The stock has been strong relative to the market over the last nine months and has risen 7.0% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ATI is expected to continue to be a major Value Builder.

ATI has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ATI has a very low Appreciation Score of 12 but a good Power Rating of 73, resulting in the Negative Value Trend Rating.

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