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ARNC

Arconic

$31.07

0.21 (0.68%)

04:55
11/19/19
11/19
04:55
11/19/19
04:55

Arconic management to meet with Seaport Global

Meeting to be held in San Francisco, CA on November 19 hosted by Seaport Global.

  • 19

    Nov

ARNC Arconic
$31.07

0.21 (0.68%)

10/14/19
COWN
10/14/19
UPGRADE
Target $31
COWN
Outperform
Arconic upgraded to Outperform from Market Perform at Cowen
Cowen analyst Gautam Khanna upgraded Arconic to Outperform from Market Perform with a price target of $31, up from $26.
10/14/19
COWN
10/14/19
UPGRADE
Target $31
COWN
Outperform
Cowen upgrades Arconic to Outperform on improving free cash flow
Cowen analyst Gautam Khanna upgraded Arconic (ARNC) to Outperform from Market Perform with a price target of $31, up from $26. The company's improving free cash flow makes for a low valuation on an enterprise value to EBITDA basis, Khanna tells investors in a research note. Arconic shares warrant an "upward re-rating," closer to a 7.5 times multiple, which would represent a 40% all-in discount to peer Hexcel (HXL), contends the analyst.
10/15/19
FBCO
10/15/19
NO CHANGE
Target $34
FBCO
Outperform
Arconic price target raised to $34 from $28 at Credit Suisse
Credit Suisse analyst Curt Woodworth raised his price target for Arconic (ARNC) to $34 from $28 as he believes the company remains on track for its Q2 2020 separation, which he continues to see as a positive catalyst for the stock. In 2020, EBITDA growth will be driven by acceleration in narrow-body build rates as Boeing (BA) 737 Max recovers, jet engine growth is supported by two new plant ramp ups and spares restock cycle/JSF demand, he contends. The analyst reiterates an Outperform rating on Arconic's shares.
11/11/19
LEHM
11/11/19
NO CHANGE
Target $35
LEHM
Overweight
Arconic price target raised to $35 from $31 at Barclays
Barclays analyst David Strauss raised his price target for Arconic to $35 from $31 saying he sees further share upside as the pending split approaches. Catalysts for the stock include Form 10 filing later this quarter and investor days in February, Strauss tells investors in a research note. He reiterates a Overweight rating on Arconic.

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