×
0.000950570342205269 -0.00399239543726237 0.000760456273764242 0.000950570342205269 0.0222433460076046 -0.00361216730038018 -0.00171102661596951 -0.001051330798479
Stockreport

Alcoa shares pull back sharply after earnings, but analysts boost price targets [MarketWatch]

ALCOA (AA)  More Company Research Source: MarketWatch
Last alcoa earnings: 4/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF Alcoa's stock pulls back sharply, but analysts boost price targets Shares of Alcoa Corp. AA, +1.33% tumbled 6.5% in premarket trade Thursday, after the alumina and aluminum producer missed fourth-quarter profit and revenue expectations , but some analysts raised their price targets, citing rising aluminum prices and the potential for a return of capital to shareholders. The stock closed Wednesday at the highest level since September 2008; the company reported results after the closing bell. J.P. Morgan analyst Michael Gambardella kept his rating at overweight, but boosted his price target to $68 from $55. He said as long as alumina and aluminum prices hold, he believes Alcoa will start looking to return cash to shareholders and further reduce its debt and pension obligations. "We also think [Alcoa's] stock could benefit from its potentially being added to the S&P 500 in the next few months," Gambardella said. Cowen analyst Novid Rassouli lifted his stock price target to $59 from $5 [Read more]

IMPACT SNAPSHOT EVENT TIME: AA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
AA alerts
from News Quantified