This Walmart Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Analysts changed ratings for ATKR, CI, NKE, WMT, and OLN. See how they view these stocks and consider buying WMT.
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Roth Capital Downgrades Atkore to Neutral, Raises Price Target to $92
Roth Capital analyst Justin Clare downgrades Atkore (NYSE:ATKR) from Buy to Neutral and raises the price target from $85 to $92.
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Why Atkore Stock Soared Today
Prysmian agreed to acquire electrical products manufacturer Atkore for approximately $3.8 billion, offering $95 per share in cash—a 30% premium to Friday's closing price. The deal aims to create a comprehensive electrical solutions provider positioned to capitalize on AI infrastructure buildout and electrification trends, with expected closure by end of 2026.