Alcoa Welcomes Decisions That Support Western Australian Operations

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Go back to Alcoa Welcomes Decisions That Support Western Australian Operations

JPMorgan says recent news could prompt an entry point in Alcoa (AA) shares

December 14, 2023 1:28 PM EST

JPMorgan analyst Bill Peterson raised the firm's stock price target for Alcoa (NYSE: AA) to $30 from $26 in a note Thursday, maintaining a Neutral rating on the stock. However, the firm noted that recent news could prompt an entry point.

"We see downside to... More

Alcoa (AA) PT Raised to $30 at JPMorgan amid Western Australia news

December 14, 2023 9:06 AM EST

(Updated - December 14, 2023 9:08 AM EST)

JPMorgan analyst Bill Peterson raised the price target on Alcoa (NYSE: AA) to $30.00 (from $26.00) while maintaining a Neutral rating.

The analyst comments "We see downside to 4Q consensus estimates on weaker pricing, but news late last... More