Matt Cartoceti

Ronnie Moas at Standpoint Research upgraded Alcoa Inc (NYSE: AA) from Hold to Buy Friday and set an $18 price target. Moas’ price target was for a 2016-2017 time frame with the expectation of a 30 percent upside versus a 15 percent downside risk. Moas noted that Century Aluminum Co (...

BMO Capital Markets issued a report on Alcoa Inc (NYSE: AA) calling the first quarter a good start for the company, but sees a challenging outlook ahead. BMO Capital Markets rates Alcoa as Market perform with a $15 price target. Analysts David Gagliano and Matt Cartoceti wrote, "Results...