Citigroup Upgrades Alcoa to Buy, Announces $52 Price Target
Citigroup analyst Alexander Hacking upgrades Alcoa (NYSE:AA) from Neutral to Buy and announces $52 price target.
Alcoa: Q2 Earnings Insights
Shares of Alcoa (NYSE:AA) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 7550.00% year over year to $1.49, which beat the estimate of $1.34.
Alcoa Corp Says Continues To Expect A Strong 2021 ‘based on the continued economic recovery and increased demand for aluminum in all end markets’
2021 Outlook
Alcoa continues to expect a strong 2021 based on the continued economic recovery and increased demand for aluminum in all end markets. The Company's Aluminum segment is forecasting double digit
Alcoa Q2 EPS $1.49 Beats $1.34 Estimate, Sales $2.83B Beat $2.64B Estimate
Alcoa (NYSE:AA) reported quarterly earnings of $1.49 per share which beat the analyst consensus estimate of $1.34 by 11.19 percent. This is a 7550 percent increase over losses of $(0.02) per share from the same period
‘Streaming Service Bundling From Roku, Apple and Other Aggregators Worries Media Titans’ -Variety
https://variety.com/2021/biz/columns/media-execs-third-party-bundling-streaming-market-1235020257/