ATI (ATI) Soars 4.4%: Is Further Upside Left in the Stock?

ATI (Allegheny Technologies) stock jumped 4.4% to $191.63 on strong volume, driven by optimism in its Aerospace & Defense business. The company expects quarterly earnings of $1.35 per share (+58.8% YoY) and revenues of $1.33 billion (+17.9% YoY), supported by next-generation jet engines and defense demand. However, earnings estimate revisions have been marginally lower over the past 30 days, which could limit further near-term gains.