B of A Securities Maintains Neutral on Alcoa, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lawson Winder maintains a Neutral rating on Alcoa (NYSE:AA) and raises the price target from $31 to $32.

March 18, 2024 | 2:10 pm
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POSITIVE IMPACT
B of A Securities maintains a Neutral rating on Alcoa and raises the price target from $31 to $32.
The increase in price target by B of A Securities suggests a slightly more optimistic outlook on Alcoa's stock, potentially leading to a short-term positive impact on its price. However, the maintenance of a Neutral rating indicates that the analyst sees limited upside or downside from the current price level, hence the moderate importance and high confidence in the analysis.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100