After-hours movers: Root surges on buyout talk, Alcoa falls on downgrade
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Morgan Stanley sees Alcoa (AA) shares facing downward pressure
June 22, 2023 11:38 AM EDTAlcoa (NYSE: AA) was cut to Underweight from Equal Weight at Morgan Stanley on Thursday, with analyst Carlos De Alba lowering the firm's price target on the stock to $33 from $43 per share.
The analyst explained that sluggish fundamentals will cap the recent rally for Americas... More
