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ATI price target raised to $66 from $58 at KeyBanc

KeyBanc raised the firm’s price target on ATI to $66 from $58 and keeps an Overweight rating on the shares. The firm continues to expect ATI to benefit from the multi-year OE A&D ramp, idiosyncratic growth drivers, more business with Airbus and P&W, and a robust aero aftermarket.

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