Fly News Breaks for March 9, 2015
AA, RTI, PCP
Mar 9, 2015 | 09:44 EDT
Wells Fargo says the multiple Aloca (AA) paid for RTI International Metals (RTI) should be positive for Precision Castparts (PCP). Wells keeps an Outperform rating on shares of Precision.
News For PCP;RTI;AA From the Last 2 Days
AA
Mar 18, 2024 | 09:01 EDT
BofA raised the firm's price target on Alcoa to $32 from $31 and keeps a Neutral rating on the shares. The firm updated its Alcoa model with commodity pricing locked in and now sees Q1 adjusted EBITDA of $121M, above its prior estimate of $97M due mainly to higher aluminum pricing. BofA's EBITDA view is now in line with Bloomberg consensus at $119M, but below Visible Alpha at $140M, the analyst noted.