ALLEGHENY TECHNOLOGIES (ATI $27.37, rated Overweight with price target cut to $36 from $80) PRICE TARGET AND EARNINGS ESTIMATES CUT; TIMET TAKEOVER SHOWS ATI POOR MARKET VALUATION AS ATI PROFITS FALL 11/13/2012

ALLEGHENY TECHNOLOGIES (ATI $27.37, rated Overweight with price target cut to
$36 from $80) PRICE TARGET AND EARNINGS ESTIMATES CUT; TIMET
TAKEOVER SHOWS ATI POOR MARKET VALUATION AS ATI PROFITS FALL 11/13/2012