BMO Capital Maintains Market Perform on Alcoa, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Katja Jancic maintains a Market Perform rating on Alcoa (NYSE:AA) and raises the price target from $42 to $45.
October 17, 2024 | 1:46 pm
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BMO Capital has maintained its Market Perform rating on Alcoa and increased the price target from $42 to $45, indicating a positive outlook.
The increase in price target from $42 to $45 by BMO Capital suggests a positive outlook for Alcoa's stock, which could lead to a short-term price increase. The Market Perform rating indicates a neutral stance, but the raised target shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100