Alcoa (AA +2.1%) upgraded to Buy from Neutral at Goldman Sachs, with the 6-month price target...

|By:, SA News Editor

Alcoa (AA +2.1%) upgraded to Buy from Neutral at Goldman Sachs, with the 6-month price target raised to $22 from $17. "We view the structural industry change, driven by the de-linking of alumina from the aluminum price, as a potential major long-term contributor to Alcoa, which is the largest global third-party alumina seller."