Steel Dynamics

BofA Upgrades Alcoa Stock to Buy, Sets Price Target at $52

Bank of America has upgraded Alcoa Corp. from Neutral to Buy, raising the price target to $52 amid a bullish outlook for aluminum prices. With increased options trading activity signaling investor optimism, Alcoa is positioned for growth in the evolving aluminum market. Analysts predict a range of stock performance outcomes, making it a key stock to watch for investors.