B of A Securities Maintains Neutral on Alcoa, Raises Price Target to $46
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 $40 to $46.
June 26, 2024 | 4:26 pm
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B of A Securities analyst Lawson Winder maintains a Neutral rating on Alcoa and raises the price target from $40 to $46.
The raised price target from $40 to $46 indicates a positive outlook on Alcoa's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100