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KeyBanc Capital Markets downgrades ATI Inc (ATI) rating to a Sector weight

ATI Inc’s recent filing unveils that its Officer WETHERBEE ROBERT S acquired Company’s shares for reported $2.52 million on Mar 13 ’25. In the deal valued at $50.36 per share,50,000 shares were bought.

Then, Busch Tina Killough sold 9,900 shares, generating $657,459 in total proceeds. Upon selling the shares at $66.41, the SVP, CHRO now owns 25,994 shares.

Before that, Busch Tina Killough bought 9,900 shares. ATI Inc shares valued at $657,508 were divested by the Officer at a price of $66.42 per share.

KeyBanc Capital Markets downgraded its ATI Inc [ATI] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in early September with a ‘”a Positive”‘ rating. BTIG Research began covering ATI with “Buy” recommendation on June 26, 2024. Northcoast revised its rating on June 14, 2024. It rated ATI as “a Sell” which previously was an “a Neutral”.

Price Performance Review of ATI

On Monday, ATI Inc [NYSE:ATI] saw its stock fall -0.19% to $51.38. Over the last five days, the stock has gained 0.65%. ATI Inc shares have fallen nearly -6.65% since the year began. Nevertheless, the stocks have risen 4.86% over the past one year. While a 52-week high of $68.92 was reached on 02/06/25, a 52-week low of $47.58 was recorded on 03/13/25. SMA at 50 days reached $57.61, while 200 days put it at $59.45.

Levels Of Support And Resistance For ATI Stock

The 24-hour chart illustrates a support level at 50.92, which if violated will result in even more drops to 50.45. On the upside, there is a resistance level at 51.89. A further resistance level may holdings at 52.39. The Relative Strength Index (RSI) on the 14-day chart is 35.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.62%. Stochastics %K at 12.56% indicates the stock is a buying.

The most recent change occurred on April 11, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.

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