Astronics (ATRO) Moves 16.2% Higher: Will This Strength Last?

Astronics Corporation (ATRO) shares rallied 16.2% in the last trading session to close at $36.11. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.2% loss over the past four weeks.The latest uptick in ATRO’s share price can be attributed to a recent upgrade made in this stock’s rating. Notably, Truist Securities upgraded Astronics from Hold to Buy and raised its price target to $49.00 from $32.00. This comp ...