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Rating: AA
Buy $12

Alcoa Inc. (NYSE: AA) upgraded to Buy with price target $12 by UBS

Friday,  Nov 20, 2015  11:25 AM ET by Betsy O'Brien Harrison

UBS upgraded Alcoa Inc. (NYSE: AA) to Buy with price target $12. Previously UBS upgraded to Alcoa
Inc. (NYSE: AA) to Neutral with price target $17.75 on 10/09/2014, when the stock price was $15.43. Since then, Alcoa Inc.'s stock price has lost 43% as of 11/20/2015's recent price of $8.73.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.



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