ATI price target lowered to $70 from $75 at Susquehanna

Susquehanna lowered the firm’s price target on ATI (ATI) to $70 from $75 and keeps a Positive rating on the shares. The firm said they reported weaker than expected Q3 results with multiple factors contributed to the weaker than expected 3Q24 results, with pressure coming from external demand, related to supply chain demand associated with the Boeing work stoppage; and internal operational challenges.