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Alcoa price target raised to $42 from $38 at BofA

BofA analyst Lawson Winder raised the firm’s price target on Alcoa (AA) to $42 from $38 and keeps an Underperform rating on the shares. The firm is updating its price targets for North American Metals & Mining stocks under its coverage after updating forecasts for metal prices in 2026, the analyst tells investors.

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