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July 3 - Alcoa (NYSE: AA) is lower on the session following a downgrade at JPMorgan earlier. The firm took Alcoa from Buy to Neutral, while its $12 price target was lowered with a December 2014 target of $9. JPMorgan analyst Mike Gambardella said the move comes following an outlook by the firm's internal strategist on aluminum price expectations. He comments, "Our metal... CONTINUE