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Enter Symbol:
Rating: AA
Buy $12.90

Alcoa Inc. (NYSE: AA) reiterated to Buy with price target $12.90 by Gabelli & Co

Tuesday,  Jan 12, 2016  9:25 AM ET by Betsy O'Brien Harrison

Gabelli & Co reiterated Alcoa Inc. (NYSE: AA) to Buy with price
target $12.90. Previously Gabelli & Co reiterated Alcoa Inc. (NYSE: AA) to Buy with price target $14.50 on 10/05/2015, when the stock price was $9.70.

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.

Gabelli & Co is a well-known diversified asset manager and financial services company. The company's investment services are primarily offered through its subsidiary GAMCO Asset Management Inc, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through the Company's role as advisor to a family of Mutual Funds. The company's asset management businesses are supported by Gabelli & Company, Inc., an institutional broker/dealer. Gabelli & Company, Inc. distributes the mutual funds managed by Gabelli Funds and publishes investment research which is one of the key elements of GAMCO Investors, Inc.'s success. In addition through its subsidiary Gabelli Securities, Inc., the Company serves as general partner or investment manager in a number of limited partnerships with varying investment objectives.

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