Tuesday, December 27, 2011

Alcoa (AA) Rating Reiterated by Jefferies (JEF)

Alcoa (NYSE: AA) had its rating reiterated by Jefferies Group (NYSE: JEF). They have a "Buy" rating on the company.

Other recent analyst action on Alcoa includes a downgraded by Goldman Sachs (NYSE:GS) from a "Buy" rating to a "Neutral" rating. They have a price target of $11.00 on the company.

UBS AG (NYSE: UBS) lowered its price target on Alcoa to $9.50. They have a "Neutral rating on the firm.

Morgan Stanley (NYSE: MS) lowered its EPS estimates on Alcoa. They have a price target of $13.00 on the firm.

Alcoa was trading at $8.80, falling $0.06, or 0.73 percent, as of 11:20 AM EST.

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