Alcoa Achieves Strong First Quarter Profits
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Alcoa (AA) PT Lowered to $21 at Nomura Securities Post Q1; 'Buy' Maintained
April 9, 2015 7:41 AM UTCNomura Securities analyst Curt Woodworth trimmed his price target on Alcoa (NYSE: AA) to $21.00 (from $23.00) following Q1 results but maintained a Buy rating. The analyst noted auto growth was offset by packaging woes.
Woodworth commented, "lower primary aluminum and physical premia values presents an attractive entry... More
