Analysts fell to the sidelines weighing in on Alcoa (AA – Research Report) and Steel Dynamics (STLD – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Alcoa (AA)
J.P. Morgan analyst Bill Peterson maintained a Hold rating on Alcoa today. The company’s shares closed last Wednesday at $26.52, close to its 52-week low of $25.59.
According to TipRanks.com, Peterson has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Alcoa is a Hold with an average price target of $33.69.
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Steel Dynamics (STLD)
Bank of America Securities analyst Lawson Winder maintained a Hold rating on Steel Dynamics yesterday and set a price target of $118.00. The company’s shares closed last Wednesday at $103.41.
According to TipRanks.com, Winder is a 1-star analyst with an average return of
Currently, the analyst consensus on Steel Dynamics is a Hold with an average price target of $109.80.
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Read More on AA:
- Alcoa options imply 5.7% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, October 18, 2023
- Options Volatility and Implied Earnings Moves This Week, October 16 – October 20, 2023
- AA Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Alcoa price target lowered to $40 from $45 at Jefferies
