Alcoa Inc. (AA) Estimate Raised At UBS After Earnings Beat In First-Quarter

April 9, 2015 4:18 PM

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UBS raised Alcoa’s earnings estimate for fiscal-year 2015 after earnings beat reported by the company in first quarter, while reiterating a Neutral rating on the stock

In a research note published on Wednesday, UBS reiterated a Neutral rating on Alcoa Inc (NYSE:AA) stock with a price target of $17.75. The sell-side firm raised its 2015 earnings estimate after first-quarter beat, while slightly reducing second-quarter 2015 (2QFY15) and full-year 2016 expectations. ...

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