Alcoa Surpasses Buy Points Amid Rising Aluminum Prices Due to Middle East Conflict

Alcoa (AA) exceeded key buy points after UBS analyst Daniel Major upgraded the stock from neutral to buy and raised its price target. The upgrade was driven by expectations that smelter outages caused by the Middle East conflict will offset weak demand, leading to sustained higher aluminum prices.

By JUAN CARLOS ARANCIBIA · Yahoo Finance ·

Alcoa Surpasses Buy Points Amid Rising Aluminum Prices Due to Middle East Conflict

Tickers: $AA

Topics: Aluminum Stock Upgrades UBS Analysis

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