Alcoa sees bigger-than-expected aluminum surplus due to China
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UBS Remains Neutral on Alcoa (AA) Following 2Q15 Earnings Results
July 9, 2015 9:10 AM EDTUBS reiterates a Neutral rating and $14.50 price target on Alcoa (NYSE: AA) following 2Q15 earnings results. AA reports adjusted EPS of $0.19 vs. consensus of $0.23. UBS says that AA expects EPS and GRP to both realize YoY ATOI growth of 5-10% in Q3.
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