Alcoa price target raised to $17 from $15 at Stifel Stifel increased its price target on Alcoa after the company reported higher than expected EPS. The firm expects the company's 2015 results to be boosted by higher prices. It keeps a Buy rating on the shares.
Alcoa rallies with Freeport-McMoRan, materials sector Shares are up over 5% to $9.33 at time of writing, putting it above downtrend resistance at the 10-day moving average. At that price next resistance is at $9.51. Support is at $9.19.