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This Part Of Alcoa's Business Is Flying Under The Radar
Wednesday, September 16, 2015 - 11:47am | 298Read More...Alcoa Inc (NYSE: AA) shares have been treading a downward path since February 5, when they crossed the $17 mark. Morgan Stanley’s Paretosh Misra maintained an Overweight rating on the company, with a price target of $14. Misra believes Alcoa’s shares offer an attractive risk-...
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The 'Elusive' Bottom Might Still Not Be In For Metals & Mining Names
Tuesday, August 18, 2015 - 11:42am | 362Read More...In a new report, Morgan Stanley analyst Paretosh Misra updates the firm’s outlook for metals and mining stocks. Morgan Stanley has once again significantly lowered its price target expectations for the group, but remains bullish on a pair of names at current prices. Finding The Bottom...
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Morgan Stanley Sees Sell-Off In Freeport-McMoRan Shares 'Overdone'
Tuesday, July 28, 2015 - 8:18am | 340Read More...In a report published Tuesday, Morgan Stanley analyst Paretosh Misra maintained an Overweight rating on Freeport-McMoRan, Inc. (NYSE: FCX), while stating that the stock has declined close to 40 percent since the beginning of July, as compared to the more or less flat S&P. "A...
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Alcoa's Mixed Report: How Analysts Are Reacting
Thursday, July 9, 2015 - 10:58am | 597Read More...Alcoa Inc (NYSE: AA) reported its second quarter results after Wednesday's closing bell. The company reported a mix quarter with earnings per share excluding special items of $0.18 missing the consensus estimate of $0.23 while revenue of $5.897 billion exceeded the $5.82 billion analysts were...
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Alcoa Shares Can Recover In Second Half; Morgan Stanley Is Optimistic
Thursday, July 9, 2015 - 7:52am | 240Read More...In a report published Thursday, Morgan Stanley analyst Paretosh Misra maintained an Overweight rating on Alcoa Inc (NYSE: AA), with a price target of $16. Although the company's 2Q15 EPS missed the consensus and the estimates, the analyst believes that there are drivers for the stock in 2H15. On a...
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Alcoa Price Target Cut To $16 By Morgan Stanley: Here's Why
Monday, June 29, 2015 - 7:56am | 244Read More...In a report published Monday, Morgan Stanley analyst Paretosh Misra maintained an Overweight rating on Alcoa Inc (NYSE: AA), while lowering the price target to $16, following a downward revision in the 2015-2017 EBITDA estimates. "Downward revisions to consensus estimates and depressed metal...
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Morgan Stanley Hikes Alcoa's Q4 Estimates
Wednesday, December 17, 2014 - 9:20am | 142Read More...Paretosh Misra of Morgan Stanley revised his fourth-quarter estimates for Alcoa Inc (NYSE: AA) on Wednesday, while maintaining an Overweight rating and $20 price target. Misra is now projecting Alcoa to earn $0.30 per share in the fourth quarter, up from a prior estimate of $0.25. According to...
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Morgan Stanley Sees A Shiny Opportunity In This Metal
Thursday, December 11, 2014 - 10:07am | 341Read More...A recent report by Morgan Stanley makes the case for a 30 percent upside in aluminum stocks. Analysts believe that an increasing demand for aluminum from the auto and aerospace industries combined with a slowdown in worldwide production growth will create a strong opportunity for U.S. aluminum...
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Morgan Stanley Sees Proposed Public Offering Remove Overhang For Alcoa Inc
Tuesday, September 16, 2014 - 8:33am | 109Read More...In a report published Tuesday, Morgan Stanley analyst Paretosh Misra reiterated an Overweight rating and $18.00 price target on Alcoa Inc (NYSE: AA). In the report, Morgan Stanley noted, “Alcoa announced a proposed public offering of Mandatory Convertible Preferred Stock. Back in June this year, AA...
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UPDATE: Morgan Stanley Downgrades Freeport-McMoran
Tuesday, September 2, 2014 - 9:09am | 108Read More...Analysts at Morgan Stanley downgraded shares of Freeport-McMoRan (NYSE: FCX) from Overweight to Equal-Weight with a $41 price target. Paretosh Misra cited several sector weaknesses may cause shares of Freeport to depreciate, such as decreasing copper values and a rise in copper inventory....
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UPDATE: Morgan Stanley Upgrades Century Aluminum Co. On Good Upside
Tuesday, September 2, 2014 - 7:48am | 140Read More...In a report published Tuesday, Morgan Stanley analyst Paretosh Misra upgraded the rating on Century Aluminum Co. (NASDAQ: CENX) from Equal-Weight to Overweight, and named a $33.00 price target. In the report, Morgan Stanley noted, “We are upgrading CENX to Overweight and introducing our PT at $33 (...
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Morgan Stanley Likes Alcoa's Most Recent Report
Thursday, July 10, 2014 - 10:16am | 219Read More...Morgan Stanley analyst Paretosh Misra upgraded Alcoa (NYSE: AA) to Overweight and introduced an $18 price target following the company's most recent earnings report. The revised 2015-2016 EPS estimates are 33 percent above consensus. Misra offered three main reasons why he upgraded the...
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Morgan Stanley Sees Good Market Position For Alcoa
Monday, June 23, 2014 - 8:39am | 81Read More...In a report published Monday, Morgan Stanley analyst Paretosh Misra reiterated an Equal-Weight rating on Alcoa (NYSE: AA). In the report, Morgan Stanley noted, “Maintaining 2Qe EPS at $0.13. We think 3Q EPS could be modestly above 2Q, as stronger pricing in primary metals, along with contributions...
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Morgan Stanley Sees Three Key Issues For Freeport-McMoRan Copper & Gold
Friday, June 13, 2014 - 9:31am | 86Read More...In a report published Friday, Morgan Stanley analyst Paretosh Misra reiterated an Overweight rating and $43.00 price target on Freeport-McMoRan Copper & Gold (NYSE: FCX). In the report, Morgan Stanley noted, “FCX shares have lagged copper peers by ~12 pct. pts. YTD, pricing an overly bearish...
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Morgan Stanley Sees Mixed Factors For Newmont Mining
Wednesday, June 4, 2014 - 9:01am | 99Read More...In a report published Wednesday, Morgan Stanley analyst Paretosh Misra reiterated an Equal-Weight rating and $27.00 price target on Newmont Mining (NYSE: NEM). In the report, Morgan Stanley noted, “We think NEM needs to spend $2-3 bn in growth capex in 2015-18 to maintain its production rate. If...




