Morgan Stanley Maintains Underweight on Alcoa, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba has maintained an Underweight rating on Alcoa (NYSE:AA) and lowered the price target from $31 to $28.
September 21, 2023 | 12:28 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Alcoa and lowered the price target from $31 to $28.
The lowered price target by Morgan Stanley indicates a bearish outlook for Alcoa. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100