Alcoa profit falls; demand seen growing faster than supply

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Go back to Alcoa profit falls; demand seen growing faster than supply

Stifel Cuts Price Target on Alcoa (AA) Following 1Q Report

April 12, 2016 10:11 AM EDT

Stifel maintained a Buy rating on Alcoa (NYSE: AA), and cut the price target to $13.00 (from $14.00), following the company's 1Q earnings report. Alcoa reported adjusted EPS of $0.07, above the Street's estimate of $0.02. The upside is due to better than expected Primary Metals results. However,... More

UBS Reiterates Buy on Alcoa (AA) Following 1Q Report

April 12, 2016 8:28 AM EDT

UBS maintained a Buy rating and $11.00 price target on Alcoa (NYSE: AA) following the company's 1Q earnings report. UBS reported adjusted EPS of $0.07, above the consensus estimates of $0.02. Revenues of $4.95B were down 6% QOQ and missed consensus of $5.14B.

Analyst Matt Murphy... More