Atkore price target raised to $82 from $71 at RBC Capital

RBC Capital raised the firm’s price target on Atkore (ATKR) to $82 from $71 and keeps a Sector Perform rating on the shares. The company reported a solid Q2 operating beat with the first y/y positive price in 13 quarters, driven by copper and aluminum inflation pass-through and improving mid-single-digit volume growth, the analyst tells investors in a research note.