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Alliant Techsystems (ATK +3.9%) is raised to Overweight at J.P. Morgan, which says the defense...

Alliant Techsystems (ATK +3.9%) is raised to Overweight at J.P. Morgan, which says the defense contractor's reduced earnings outlook is more than fully priced into the stock. Last month, Alliant predicted FY 2013 results would fall short of Wall Street expectations due to near-term growth challenges, and shares have dropped steeply ever since.
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