Alcoa Reports Third Quarter 2015 Profit

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Go back to Alcoa Reports Third Quarter 2015 Profit

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

Nomura 'Increasingly Concerned' Following Alcoa (AA) Q3

October 9, 2015 8:16 AM EDT

Nomura Securities analyst Alexander Burnes reiterated a Buy rating and $14 price target on Alcoa (NYSE: AA) following Q3 results which were weighed down by downstream. Also, stalling upstream margins could compound pressure from oversupplied aluminum markets.

Burnes commented, "While AA reported in-line 3Q15... More