Jefferies Maintains Buy on Alcoa, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Chris LaFemina maintains a Buy rating on Alcoa (NYSE:AA) and raises the price target from $45 to $48.
April 18, 2024 | 2:28 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jefferies maintains a Buy rating on Alcoa and raises the price target from $45 to $48.
The upgrade in price target by a reputable analyst like Chris LaFemina from Jefferies is a strong positive signal for Alcoa, suggesting a bullish outlook on the stock's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100