Wells Fargo Reaffirms Their Buy Rating on Alcoa (AA)
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Wells Fargo has reaffirmed its buy rating on Alcoa. However, not all outlets agree on the company's outlook, with Zacks Research downgrading Alcoa to a strong sell rating. Alcoa is expected to release earnings, and its price target has been raised by some due to strong earnings and outlook, while others, such as Hsbc Holdings PLC, have sold shares of the company.
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