ATI reaches agreement with United Steelworkers on new 6-year contract, stock gains

From StockTwits: 2025-03-03 01:12:12

ATI Inc. (ATI) reached a tentative agreement with United Steelworkers on a new six-year contract, leading to a 2.2% stock gain and a two-week high. The agreement will be presented to union members for ratification. ATI reported Q4 earnings of $0.79 EPS, beating estimates, with revenue at $1.2 billion. The company guides for an EPS between $2.80 and $3.00. Analysts are optimistic about ATI’s growth potential, resulting in price target hikes. Retail sentiment on Stocktwits remains ‘bearish’. ATI stock has gained 5.5% YTD and nearly 16.8% in the past year, with an average price target of $73.78 for a 27% upside.



Read more at StockTwits: ATI Reaches Agreement With United Steelworkers On New 6-Year Contract, Stock Gains Afterhours: Retail Remains Bearish