Alcoa (AA) Misses Q3 EPS by 40c

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Alcoa (AA) PT Raised to $14 at BMO Capital Following 3Q Report

October 15, 2020 7:45 AM EDT

BMO Capital analyst David Gaglian raised the price target on Alcoa (NYSE: AA) to $14.00 (from $11.00) while maintaining a Market Perform rating following the company's 3Q earnings report. Alcoa reported strong 3Q20 EBITDA, primarily driven by better-than-expected alumina shipments/prices, and lower implied costs.... More