Alcoa Shares Fall After JPMorgan Downgrade

MT Newswires Live

01/09

Alcoa (AA) shares were down over 2.8% in recent Thursday trading after JPMorgan downgraded the stock to underweight from neutral, while raising the price target to $50 from $45.

Trading volume stood at about 8.5 million shares compared with a daily average of 6.7 million.

Price: 60.96, Change: -1.78, Percent Change: -2.84

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