Alcoa Announces Long-Term Alumina Supply Contract Extension with Aluminium Bahrain
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
Alcoa (AA) PT Raised to $39 at JPMorgan
October 17, 2024 6:04 AM EDTJPMorgan analyst Bill Peterson raised the price target on Alcoa (NYSE: AA) to $39.00 (from $36.00) while maintaining a Neutral rating.
The analyst comments "Alcoa reported 3Q adjusted EBITDA of $455M (+40% Q/Q), beating consensus $390M. The strong improvement was driven by higher alumina pricing, raw materials and energy ($113M/$15M/$16M tailwind), partly offset by lower aluminum pricing/currency... More
