Alcoa (AA) Trades Up 2% on EPS 'Beat'
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Alcoa (AA) Investment Grade Credit Rating at Risk Despite Q2 Beat
July 9, 2013 10:10 AM EDTGoldman 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.
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