Morgan Stanley raised the price target on Alcoa Corporation (NYSE: AA) from $51 to $66. Morgan Stanley analyst Carlos De Alba also upgraded the stock from Equal-Weight to Overweight. Alcoa shares rose 1.1% to $43.60 in pre-market trading.
U.S. stock futures traded lower this morning after recording losses in the previous session. Here are some big stocks recording losses in today’s pre-market trading session.
International Paper Co (NYSE: IP) reported second-quarter FY22 sales growth of 12.9% year-on-year to $5.39 billion, beating the consensus of $5.36 billion.…