Alcoa (AA) PT Lowered to $79 at Morgan Stanley

Go back to Alcoa (AA) PT Lowered to $79 at Morgan Stanley

Buy the pullback in this aluminum stock: Morgan Stanley

June 12, 2026 5:00 PM EDT

Morgan Stanley believes the roughly 9% share drop in one aluminum stock following updated cost guidance is overdone, reiterating an Overweight rating with a year-end 2026 price target of $79, trimmed slightly from $80.

Analyst Carlos De Alba said shares fell after Alcoa (NYSE: AA) flagged an incremental $55 million production cost headwind for its alumina segment in the second quarter of... More