Information Provided By:
Fly News Breaks for October 18, 2019
AA
Oct 18, 2019 | 07:34 EDT
Argus analyst David Coleman is keeping his Hold rating on Alcoa after its Q3 results, saying the company is "struggling to remain profitable" amid slower global economic growth and trade tensions, as the impact of tariffs on aluminum imports has been "mixed". The analyst further notes that as Alcoa management continues to focus on controlling costs, the sell-off in the stock may yield a "favorable" entry point for risk-tolerant long-term investors, even though there is limited near-term upside for the shares in the near term.
News For AA From the Last 2 Days
There are no results for your query AA