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Fly News Breaks for September 22, 2017
AA
Sep 22, 2017 | 07:41 EDT
As previously reported, Berenberg analyst Yuriy Vlasov downgraded Alcoa (AA) to Hold while raising his price target for the shares to $44 from $41. The analyst said Alcoa shares are up 43% over the past six months and recommends taking profits. Vlasov also highlights potential M&A saying Alcoa could either buy the remaining 40% Alcoa Worldwide Alumina and Chemicals stake from Alumina Ltd or buy Alumina Ltd altogether.
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