Roth Capital analyst Justin Clare raised the firm’s price target on Atkore (ATKR) to $77 from $71 and keeps a Buy rating on the shares. The company delivered a Q1 beat, driven by volume growth and productivity gains, though pricing remained a headwind with sales and gross margins down y/y, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATKR:
