Alcoa’s Lower Quality Bauxite Impact Extended To 2027: Analyst Hints At Closure Of Kwinana Refinery

BMO Capital Markets analyst Katja Jancic reiterated the Market Perform rating on Alcoa Corporation (NYSE:AA), lowering the price target to $28 from $30.

Alcoa reported quarterly adjusted losses of $(1.14) per share, which missed the analyst consensus estimate of losses of $(1.13), compared to losses of $(0.33) per share from the same period last year.