Alcoa Reports Q1 EPS Beat But Revenue Miss; Shares Fall 5%

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Alcoa (AA) PT Lowered to $95 at BMO Capital

April 21, 2022 7:11 AM EDT

BMO Capital analyst David Gaglian lowered the price target on Alcoa (NYSE: AA) to $95.00 (from $99.00) while maintaining a Market Perform rating.

The analyst commented, "Following 1Q results, we are lowering near-term estimates and the target price from $99 to $95. 1Q'22 results were largely in line.... More