Aluminium Giant Alcoa Misses With Lower Revenue

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ThePitBoss
Participant

Alcoa Corp. $AA started as Neutral with a $42 price target at Credit Suisse

Notes a re-rating higher as it trades at a discount to peers. Cites aluminum price tracking risks for the stock.

Alcoa closed up over 4% at $39.58 on Tuesday. Alcoa has a 52-week trading range of $20.53 to $40.36.