Jefferies analyst Chris LaFemina maintained a Buy rating on Alcoa (AA – Research Report) yesterday and set a price target of $75.00. The company's shares closed last Wednesday at $59.63, close to its 52-week high of $64.37. According to TipRanks.com, LaFemina is a 4-star analyst with an average return of 6.3% and a 54.0% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Peabody Energy Comm, and Freeport-McMoRan. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alcoa with a $67.50 average price target, representing a 10.0% upside.
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