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J.P. Morgan Sticks to Its Hold Rating for Alcoa (AA)
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J.P. Morgan analyst Bill Peterson maintains a Hold rating for Alcoa with a price target of $45.00. The analyst consensus is a Moderate Buy with an average price target of $40.38. Peterson has an average return of -3.0% and a 44.29% success rate, focusing on the Basic Materials sector.
In a report released today, Bill Peterson from J.P. Morgan maintained a Hold rating on Alcoa, with a price target of $45.00.
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According to TipRanks, Peterson is an analyst with an average return of -3.0% and a 44.29% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Alcoa, and Cleveland-Cliffs.
Currently, the analyst consensus on Alcoa is a Moderate Buy with an average price target of $40.38.
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