Alcoa Announces Long-Term Alumina Supply Contract Extension with Aluminium Bahrain
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips below $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
Alcoa (AA) PT Raised to $39 at JPMorgan
October 17, 2024 6:04 AM EDTJPMorgan analyst Bill Peterson raised the price target on Alcoa (NYSE: AA) to $39.00 (from $36.00) while maintaining a Neutral rating.
The analyst comments "Alcoa reported 3Q adjusted EBITDA of $455M (+40% Q/Q), beating consensus $390M. The strong improvement was driven by higher alumina pricing, raw materials and energy ($113M/$15M/$16M tailwind), partly offset by lower aluminum pricing/currency... More
