Alcoa Announces Update on Acquisition of Alumina Limited

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Alcoa (AA) PT Raised to $50 at Citi

May 21, 2024 7:38 AM EDT

Citi analyst Alexander Hacking raised the price target on Alcoa (NYSE: AA) to $50.00 (from $32.00) while maintaining a Buy rating.

The analyst comments "Alcoa has some of the most cyclical earnings in our sector and mid-cycle is far from obvious. It is generally more... More