ALLEGHENY TECHNOLOGIES (ATI $38.06, rated Overweight, Price Target Cut to $50 from $72) LOSS AVOIDANCE A PLUS AND OVERWEIGHT RATING MAINTAINED, BUT EARNINGS MUCH LESS THAN PRIOR EXPECTATIONS 5/7/2009

ALLEGHENY TECHNOLOGIES (ATI $38.06, rated Overweight, Price Target Cut to
$50 from $72) LOSS AVOIDANCE A PLUS AND OVERWEIGHT RATING
MAINTAINED, BUT EARNINGS MUCH LESS THAN PRIOR EXPECTATIONS 5/7/2009