Modest Estimate Beat, Guidance Cut Expected From Alcoa's Q3

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Morgan Stanley&rsquo;s Evan L. Kurtz believe that if <b>Alcoa Inc</b> (NYSE: <a href="http://www.benzinga.com/stock/aa#NYSE">AA</a>) delivers in line downstream performance for Q3, the company would need to deliver very strong performance in Q4 to meet the 2017 guidance. However, customer commentary indicates this is unlikely.

Latest Ratings for AA

Date Firm Action From To
Sep 2016 Seaport Global Initiates Coverage on Neutral
Jun 2016 Morgan Stanley Maintains Overweight
May 2016 Bank of America Upgrades Neutral Buy

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