B. Riley Securities Maintains Neutral on Alcoa, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes maintains a Neutral rating on Alcoa (NYSE:AA) and raises the price target from $25 to $31.
April 18, 2024 | 5:16 pm
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B. Riley Securities maintains a Neutral rating on Alcoa and raises the price target from $25 to $31.
The increase in price target by B. Riley Securities suggests a positive outlook on Alcoa's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an analyst's increased confidence in the company's performance or market position, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100