UBS analyst Curt Woodworth has lowered Alcoa's price target from $53 to $47 while maintaining a Buy rating, citing a significant drop in alumina prices. Despite challenges, he remains optimistic about the aluminum industry's outlook, noting Alcoa's attractive valuation and potential for earnings growth. Additionally, Alcoa's subsidiary has announced a $1 billion senior notes offering to support debt and dividends, while CEO William Oplinger warned of job losses due to new tariffs affecting the aluminum sector.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.