Alcoa (AA) Tops Q2 EPS by 18c

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Alcoa (AA) PT Lowered to $65 at Credit Suisse

July 19, 2018 8:14 AM EDT

Credit Suisse lowered its price target on Alcoa (NYSE: AA) to $65.00 (from $69.00) while maintaining an Outperform rating.

Analyst Curt Woodworth noted a modest miss in Q2 but said aluminum markets are bottoming and capital returns are on the horizon.

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