Trump Says Aluminum Prices are Down Despite Tariffs
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Alcoa (AA) To benefit From Sanctions on Rusal, Possible 301 Tariffs - Morgan Stanley
April 9, 2018 12:18 PM EDTMorgan Stanley maintains Overweight on Alcoa (NYSE: AA) price target of $55.00.
Analyst Piyush Sood expects Alcoa to benefit from higher mid-west premiums, sanctions on the Russian aluminum producer Rusal and possible 301 tariffs. Shares rose more than 7% Monday to a intraday high of... More
UPDATE: Alcoa (AA) PT Lowered to $57at Citi on 1Q Earnings Preview: 'Thesis Remains Intact, Buy... Positive L-T View on Aluminum'
April 9, 2018 5:59 AM EDT(Updated - April 9, 2018 6:49 AM EDT)
(updated to correct price target action)
Citi lowered its price target on Alcoa (NYSE: AA) to $57.00 (from $65.00) while maintaining a Buy rating, ahead of the company's first quarter earnings announcement.
Analyst Alexandar Hacking notes... More
