Form 8-K Alcoa Corp For: Jul 16
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Jefferies Reiterates Buy Rating on Alcoa (AA)
July 18, 2025 9:00 AM EDTJefferies analyst Christopher LaFemina reiterated a Buy rating and $35.00 price target on Alcoa (NYSE: AA)
The analyst comments "Revisions to our Estimates: We have increased our 3Q and 4Q EBITDA forecasts by 12% each, in part due to increases in our assumed Midwest premium to 50% of the LME price. At this level, the Midwest premium should fully offset the negative impact of tariffs on Alcoa's Canadian business. Our... More
