Information Provided By:
Fly News Breaks for April 19, 2018
AA
Apr 19, 2018 | 06:26 EDT
JPMorgan analyst Michael Gambardella raised his price target for Alcoa to $86 citing the impact of higher alumina prices and Midwest premiums. Further, the analyst thinks the company has optionality to create additional value by further investing in its third-party bauxite business and potentially returning cash to shareholders while further reducing its pension obligations. He keeps an Overweight rating on Alcoa following the company's Q1 results.
News For AA From the Last 2 Days
There are no results for your query AA