Market Overview

UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on Alliant Techsystems


In a report published Friday, Jefferies & Company reiterated its Hold rating on Alliant Techsystems (NYSE: ATK), and raised its price target from $56.00 to $60.00.

Jefferies noted, “ATK's second quarter results showed promise, with Lake City volumes and Security & Sporting margins driving EPS of $2.00 vs. our estimate of $1.56. Although the trends are encouraging, we expect continued headwinds from declining demand for military ammunition and pressure on NASA volumes to keep shares range bound. We rate ATK shares a HOLD.”

Alliant Techsystems closed on Thursday at $58.79.

Latest Ratings for ATK

Feb 2015MaintainsHold
Jan 2015MaintainsHold
Jan 2015MaintainsOverweight

View More Analyst Ratings for ATK
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings


Related Articles (ATK)

View Comments and Join the Discussion!

Latest Ratings

ABBBarclaysInitiates Coverage On
DPLOWilliam BlairUpgrades
SUPVItau BBADowngrades
GGALItau BBADowngrades
BMAItau BBADowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

UPDATE: Global Hunter Securities Downgrades EPL Oil & Gas on Lower Guidance

UPDATE: Global Hunter Securities Downgrades Swift Energy to Accumulate on Production Shortfall