UPDATE: Credit Suisse Upgrades Alliant Techsystems as Earnings Momentum Rises

In a report published Wednesday, Credit Suisse analyst Robert Spingarn upgraded the rating on Alliant Techsystems (NYSE: ATK ) from Neutral to Outperform, and raised the price target from $111.00 to $148.00. In the report, Credit Suisse noted, “With Defense shrinking to just 30% of sales, Aerospace growing quietly and