Expert Ratings For Alcoa
Portfolio Pulse from Benzinga Insights
In the past three months, 7 analysts have evaluated Alcoa (NYSE:AA) with mixed sentiments. The average 12-month price target has increased to $40.64 from $32.71. Analysts have raised their ratings and price targets, reflecting a more optimistic outlook despite Alcoa's recent revenue decline and below-average profitability metrics.
June 21, 2024 | 1:00 pm
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Analysts have shown mixed sentiments on Alcoa (NYSE:AA) over the past three months, with an increased average 12-month price target of $40.64. Despite a recent revenue decline and below-average profitability metrics, analysts have raised their ratings and price targets, indicating a more optimistic outlook.
The increase in the average price target and the raised ratings by multiple analysts suggest a more optimistic outlook for Alcoa. This could positively impact the stock price in the short term, despite the company's recent revenue decline and below-average profitability metrics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100