Why Alcoa Stock Just Popped
Alcoa (NYSE: AA) stock moved higher in Wednesday morning trading -- up 6.2% as of 10:15 a.m. EST -- after investment banker Goldman Sachs pulled a complete 180, opinion-wise, on the aluminum metals giant.
In an upgrade today, Goldman reversed its opinion from sell to buy, and added $13 to its price target on Alcoa shares, which it says should hit $32 within a year.
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Source Fool.com
