Wolfe Research Upgrades Alcoa to Outperform, Announces $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has upgraded Alcoa (NYSE:AA) from Peer Perform to Outperform, setting a price target of $36.
September 04, 2024 | 3:56 pm
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Wolfe Research has upgraded Alcoa from Peer Perform to Outperform, with a new price target of $36, indicating a positive outlook for the stock.
The upgrade from Wolfe Research suggests increased confidence in Alcoa's future performance, likely leading to positive investor sentiment and potential stock price increase. The $36 price target indicates a specific valuation expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100