Nomura Upgrades Alcoa To Buy

Analysts at Nomura upgraded

from Neutral to Buy. The price target for Alcoa has been raised from $15 to $23. Alcoa shares have jumped 59.51% over the past 52 weeks, while the S&P 500 index has gained 12.40% in the same period. Alcoa's shares rose 1.18% to $16.30 in pre-market trading.