Alcoa reports bigger quarterly loss

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Go back to Alcoa reports bigger quarterly loss

Alcoa (AA) PT Lowered to $63 at BofA/Merrill Lynch on 4Q Report; 'Cost Pressures Dampen Enthusiasm'

January 18, 2018 6:18 AM EST

BofA/Merrill Lynch lowered its price target on Alcoa (NYSE: AA) to $63.00 (from $67.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Timna Tanners notes a cautious outlook on the shares, as the company reported fourth quarter earnings... More

Alcoa (AA) PT Raised to $59 at Cowen

January 18, 2018 6:08 AM EST

Cowen raised its price target on Alcoa (NYSE: AA) to $59.00 (from $51.00) while maintaining a Market Perform rating following Q4 results.

Analyst Novid Rassouli noted adjusted EBITDA was below views driven primarily by short-term operational challenges. Meanwhile, the alumina segment saw... More