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Investing.com38d agoneutral

Morgan Stanley upgrades Ivanhoe Mines, cuts Alcoa and Vale on metals outlook

Investing.com -- Morgan Stanley upgraded Ivanhoe Mines to "Overweight" while downgrading Alcoa and Vale to "Equal-weight", saying a changing supply outlook favors copper and precious metals over aluminum and iron ore. The brokerage expects copper, gold and silver prices to outperform, while forecasting aluminum will move into surplus and iron ore markets will remain under pressure.

AA VALE

Investing.com85d agobullish

UBS upgrades alcoa to ‘buy’ as middle east supply crisis drives aluminium surge

Investing.com -- UBS has upgraded Alcoa shares to “Buy” from “Neutral,” raising its price target to $80 per share from $75, citing expectations that prolonged disruptions to Middle East aluminium production will keep prices and premiums elevated for years.