In a report issued on July 8, Chris LaFemina from Jefferies maintained a Buy rating on Alcoa (AA – Research Report), with a price target of $75.00. The company's shares closed last Wednesday at $42.88. According to TipRanks.com, LaFemina is a 3-star analyst with an average return of 2.0% and a 45.5% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, First Quantum Minerals, and Peabody Energy Comm. Currently, the analyst consensus on Alcoa is a Moderate Buy with an average price target of $79.50, representing a 91.2% upside.
https://www.tipranks.com/news/blurbs/jefferies-keeps-their-buy-rating-on-alcoa-aa?utm_source=advfn.com&utm_medium=referral
Alcoa (NYSE:AA)
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