Credit Suisse Maintains Outperform on Alcoa, Lowers Price Target to $46
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Curt Woodworth maintains an Outperform rating on Alcoa (NYSE:AA) but lowers the price target from $50 to $46.
June 22, 2023 | 11:48 am
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NEUTRAL IMPACT
Credit Suisse maintains Outperform rating on Alcoa (NYSE:AA) but lowers the price target from $50 to $46.
The news of Credit Suisse maintaining an Outperform rating on Alcoa indicates a positive outlook for the company. However, the lowering of the price target from $50 to $46 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100