Alcoa (AA) Trades Up 2% on EPS 'Beat'

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Go back to Alcoa (AA) Trades Up 2% on EPS 'Beat'

Alcoa (AA) Investment Grade Credit Rating at Risk Despite Q2 Beat

July 9, 2013 10:10 AM EDT

Goldman Sachs today maintained a Neutral rating on Alcoa (NYSE: AA) with a price target of $8.00. Yesterday Alcoa reported Q2 results that topped estimates due to strength from aerospace. However, analyst Sal Tharani, thinks Aloca's investment grade rating is at risk.

"We... More