Alcoa (AA) Misses Q3 EPS by 5c, Sales Beat; Raises Adj-EBITDA Outlook

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Alcoa (AA) PT Raised to $60 at JPMorgan

October 19, 2017 3:43 AM EDT

JPMorgan raised its price target on Alcoa (NYSE: AA) to $60.00 (from $56.00) while maintaining a Overweight rating.

Analyst Mike Gambardella raises the PT after adjust his estimates to account for higher alumina prices. The analyst says AA remains his Top Pick in non-ferrous metals... More