alliant techsystems

In a report released this morning, J.P. Morgan has announced that is downgrading shares of Alliant Techsystems Inc. (NYSE: ATK) to Neutral from Overweight. A recent rally has left ATK down only 3% since March 23, outperforming defense primes by 9%, J.P. Morgan reports. “We are taking the...

RBC Capital Markets has initiated coverage for the following: Triumph Group (NYSE: TGI) Outperform, $88 price target Alliant Techsystems, Inc. (NYSE: ATK) Outperform, $90 price target

Alliant Techsystems (NYSE: ATK) has received an order valued at more than $50 million from the U.S. Army Contracting Command, Rock Island Contracting Center (RICC), Rock Island, Ill., to produce multiple variants of 20mm PGU ammunition. This is the second order under a contract originally signed in...