B. Riley Securities Upgrades Alcoa to Buy, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has upgraded Alcoa (NYSE:AA) from Neutral to Buy, raising the price target from $41 to $50.
October 17, 2024 | 1:26 pm
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B. Riley Securities has upgraded Alcoa from Neutral to Buy, increasing the price target from $41 to $50, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by B. Riley Securities suggests increased confidence in Alcoa's future performance. The raised price target from $41 to $50 indicates expectations of a higher stock price, likely leading to positive investor sentiment and potential stock price increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100