Argus, BMO, JP Morgan lower Alcoa targets, hold ratings

1 min read | Published on 17 Jul 2026, 09:54 PM |Updated on 22 Jul 2026, 08:44 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Argus Research, BMO Capital, and JP Morgan have all lowered their price targets for Alcoa, with Argus moving to $55 from $73, BMO to $55 from $60, and JP Morgan to $52 from $55. Analysts maintained Buy, Market Perform, and Neutral ratings respectively.

*this image is generated using AI for illustrative purposes only.

Analysts from BMO Capital, JP Morgan, and Argus Research have adjusted their outlooks on Alcoa (NYSE: AA), lowering price targets while maintaining their respective ratings. The revisions reflect updated expectations for the aluminum producer's valuation and stock performance in the current market environment.

Argus Research analyst Alexandra Yates maintained a Buy rating on Alcoa but reduced the price target to $55 from the previous $73. BMO Capital analyst Katja Jancic upheld a Market Perform rating while cutting the price target to $55 from $60. Similarly, JP Morgan analyst Bill Peterson maintained a Neutral rating and lowered the price objective to $52 from $55.

Firm	Analyst	Rating	Previous Target	New Target
Argus Research	Alexandra Yates	Buy	$73	$55
BMO Capital	Katja Jancic	Market Perform	$60	$55
JP Morgan	Bill Peterson	Neutral	$55	$52

The collective downgrades highlight a cautious stance among analysts regarding Alcoa's near-term price trajectory. Despite the lower targets across the board, the persistence of Buy and Neutral ratings indicates that fundamental risks are viewed as balanced against potential upside at the revised price levels.

What specific market conditions are driving the downward revision of Alcoa's valuation?

How might fluctuating aluminum prices impact Alcoa's earnings in the upcoming quarters?

Could these analyst adjustments signal a broader trend in the metals and mining sector?

Wells Fargo lowers Alcoa price target to $71

0 min read | Published on 17 Jul 2026, 09:16 PM |Updated on 17 Jul 2026, 09:16 PM

Reviewed by

Radhika SScanX News Team

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Key Highlights

Wells Fargo analyst Timna Tanners maintains an Overweight rating on Alcoa but lowers the price target from $72 to $71, reflecting a modestly reduced valuation outlook.

*this image is generated using AI for illustrative purposes only.

Wells Fargo analyst Timna Tanners has maintained an Overweight rating on Alcoa while lowering the price target to $71 from $72. The revised target indicates a slightly reduced valuation expectation despite the continued positive stance on the stock.

The rating adjustment follows a review of Alcoa's current market position and future performance potential. Alcoa remains listed on the NYSE under the ticker AA.

Metric	Value
Rating	Overweight
Previous Price Target	$72
New Price Target	$71

The Overweight rating suggests that Wells Fargo continues to believe Alcoa's shares will outperform the broader market or industry average over the specified period.

What specific factors led Wells Fargo to lower the price target despite maintaining an Overweight rating?

How might recent aluminum price trends influence Alcoa's ability to meet the revised $71 target?

Could Alcoa's cost-cutting measures or operational efficiency improvements offset the reduced valuation expectations?