Wells Fargo Downgrades Alcoa (AA) to Equal-Weight, Raises Price Target to $71.00 USD
ByAinvest
Wednesday, Jan 14, 2026 6:15 pm ET1min read
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Wells Fargo downgraded Alcoa (AA) from Overweight to Equal-Weight, but raised the price target from $58 to $71, a 22.41% increase. The move follows recent analyst updates, including a downgrade from JP Morgan and a raised price target from Citigroup. Alcoa is a vertically integrated aluminum company with operations including bauxite mining, alumina refining, and manufacturing primary aluminum.
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