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Vetr Crowd Upgrades Arconic To 4.5 Stars, Strong Buy Rating

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Vetr upgraded Arconic Inc. (NYSE: ARNC) from 4 to 4.5 stars.

Arconic's stock has traded up over 16.7 percent over the past month, and the company has seen two upgrades in the past few weeks from Seaport Global and JPMorgan. Arconic reported an 18.5 percent beat on EPS estimates and a 36.7 percent beat on revenue estimates in its second-quarter earnings report on July 24.

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Vetr members have given Arconic a Strong Buy rating and a $28.78 price target. The company opened Wednesday around $25.59.

Of all Vetr voters, 60 percent believe traders should buy Arconic stock while 40 percent believe that traders should sell Arconic stock.

For Vetr’s full analysis of Arconic, go here.

Latest Ratings for ARNC

DateFirmActionFromTo
Sep 2020Deutsche BankInitiates Coverage OnBuy
Sep 2020BenchmarkAssumesBuy
May 2020Credit SuisseInitiates Coverage OnOutperform

View More Analyst Ratings for ARNC
View the Latest Analyst Ratings

 

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Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General

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