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Fly News Breaks for February 28, 2017
AA, CENX
Feb 28, 2017 | 06:29 EDT
Deutsche Bank analyst Jorge Beristain downgraded Century Aluminum (CENX) to Sell citing valuation following the recent rally in the shares. To reflect his firm's increased aluminum forecasts, the analyst upped his price target for Century to $10 from $9 and Hold-rated Alcoa (AA) to $37 from $32.50.
News For CENX;AA From the Last 2 Days
AA
Apr 22, 2024 | 09:47 EDT
AA
Apr 22, 2024 | 08:57 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Vista... To see the rest of the story go to thefly.com. See Story Here
AA
Apr 22, 2024 | 04:37 EDT
Morgan Stanley upgraded Alcoa to Equal Weight from Underweight with a price target of $36.50, up from $28.50. The analyst now sees a more balanced risk/reward for Alcoa shares given the company's continued progress on cost saving measures, reduced uncertainty on the path to resolving bauxite mining issues in Western Australia, and potentially more Inflation Reduction Act benefits to come. The operational concerns that persisted throughout 2023 have largely been de-risked, the analyst tells investors in a research note.
