Credit Suisse analyst Curt Woodworth views Arconic (ARNC) as a "very viable" leveraged buyout candidate given its "highly depressed" multiples, operational and financial mismanagement, and "very strong" positions in automotive and aerospace end markets. The analyst believes the company could be worth $24-$26 per share in a buyout. The stock in morning trading is up 9%, or $1.60, to $18.98 after the Wall Street Journal reported that Arconic is the subject of takeover interest from private equity firms including Apollo Global Management (APO). Woodworth has an Outperform rating on the shares with a $28 price target.