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Fly News Breaks for November 7, 2019
AA
Nov 7, 2019 | 07:27 EDT
Morgan Stanley analyst Carlos De Alba assumed coverage of Alcoa with an Equal Weight rating and $25 price target as part of his assumption of coverage of the NA Metals & Mining industry with an Attractive view. While his analysis shows the "unloved" mining sector has outperformed in prior periods of low PMIs and recession risks, the analyst sees limited upside to his price target for Alcoa.
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