UBS Cuts Price Target on Alcoa (AA) to $10.50
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Price: $51.85 --0%
Rating Summary:
20 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 6 | New: 57
Rating Summary:
20 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 6 | New: 57
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UBS lowers its price target on Alcoa (NYSE: AA) from $11.50 to $10.50.
The research note follows Alcoa's Q4 earnings which were released yesterday after the close.
Shares of Alcoa fell about 7% ahead of the earnings report yesterday, and traders are tacking on further downside today. The stock most recently traded at $9.57, down 4.8% from yesterday's close. Notably, shares of Alcoa are down more than 21% during the last five trading days.
Alcoa, Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina worldwide.
The research note follows Alcoa's Q4 earnings which were released yesterday after the close.
Shares of Alcoa fell about 7% ahead of the earnings report yesterday, and traders are tacking on further downside today. The stock most recently traded at $9.57, down 4.8% from yesterday's close. Notably, shares of Alcoa are down more than 21% during the last five trading days.
Alcoa, Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina worldwide.
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