Wall Street rises after release of 'dovish' Fed minutes

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UBS Cuts Price Target on Alcoa (AA) Following 7c EPS Miss

October 9, 2015 9:09 AM EDT

UBS maintained a Buy rating on Alcoa (NYSE: AA), and cut the price target to $12.50 (from $13.00), following the company's 3Q15 earnings results. AA reports adjusted EPS of $0.07 vs. consensus of $0.14.

Analyst Brian MacArthur commented, "AA reported adjusted EPS of $0.07 vs. UBSe of $0.12 and... More