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Alcoa Inc. (AA) [hlAlert]

down 78.75 %

Alcoa Inc. (AA) rated Outperform with price target $15 by Credit Suisse

Posted on: Tuesday,  Jan 13, 2009  1:25 PM ET by Credit Suisse

Credit Suisse rated Outperform Alcoa Inc. (NYSE: AA) on 01/13/2009. Previously Credit Suisse rated Buy Alcoa Inc. (NYSE: AA) on 07/06/2007.,
when the stock price was $41.70. Since then, Alcoa Inc. has lost 78.75% as of 01/14/2016's recent price of $8.86.
If you would have followed the previous Credit Suisse's recommendation on AA, you would have lost 78.75% of your investment in 3114 days.

Alcoa Inc. is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap foils and plastic wraps, Alcoa wheels, and Baco household wraps. Among its other businesses are closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2009 1:25 PM Buy
9.40 15.00
as of 12/31/2009
1 Week down  -3.36 %
1 Month up  26.11 %
3 Months up  20.35 %
1 YTD up  40.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/13/2007 9:25 AM Buy
46.90 55.00
7/6/2007 9:25 AM Buy
41.70 45.00

(*) Stock Price at the time of the recommendation.
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