ATS Corp. stock soared 5.31% during intraday trading on Tuesday, marking a significant upward movement for the company's shares.
The surge follows a positive analyst note from TD Cowen, where analyst Cherilyn Radbourne maintained a Buy rating on ATS Corporation and set a price target of C$48.00. The rating is supported by a rebound in orders, margin upside, and the company's attractive long-term growth potential.