How Wall Street Views Alcoa before Its Second-Quarter Earnings

Alcoa (AA) is scheduled to release its second-quarter earnings on July 18. Alcoa has received “strong buy” ratings from three analysts, while seven have given it “buy” or equivalent ratings. The remaining five analysts polled by Thomson Reuters on July 10 have rated Alcoa as a “hold.” Alcoa’s mean consensus price target of $65.31 represents a 36.4% upside over its July 10 closing price.