Alcoa (AA) Misses Q1 EPS by 12c, Offers Outlook

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Alcoa (AA) PT Lowered to $40 at BMO Capital

April 18, 2019 7:20 AM EDT

BMO Capital analyst David Gaglian lowered the price target on Alcoa (NYSE: AA) to $40.00 (from $45.00) while maintaining a Outperform rating following results.

results were adversely affected by the 20% decline in alumina prices q/q, with core segment results slightly below their... More