Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Alcoa (AA +2.9%) receives the latest of several warnings on guidance, as Dahlman Rose cuts its...

  • Tuesday, July 3, 2012, 10:33 AM ET
    Alcoa (AA +2.9%) receives the latest of several warnings on guidance, as Dahlman Rose cuts its Q2 earnings estimates from $0.07/share on $640M in revenue to $0.03/share on revenue of $550M, citing weak aluminum prices. But the firm maintains its Buy rating and $14.65 price target, which suggests 70% upside to the stock’s Monday closing price of $8.63.
Track new comments on this story

This news story has 1 comment:

  •  
    70% upside on an equity that has consistently had weaker earnings and revenues. No thanks.
    3 Jul 2012, 10:39 AM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Commodities Articles
More Latest Articles »