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Analyst Moves: AA, BAX
Wednesday, October 12, 12:57 PM ET

This morning, Citigroup lowered its EPS estimates on shares of Alcoa (NYSE:AA) through 2012 as aluminum demand from Europe appears to be slowing. In the report, Citigroup maintained its neutral rating and set a price target of $10 per share.

Alcoa shares were lower on Wednesday, falling 4.5% today.

And UBS lowered its EPS estimates on shares of Baxter International (NYSE:BAX) through 2012 as currency fluctuations could impact earnings. In the report, UBS maintained its $67 price target and its buy rating.

Shares of Baxter were also lower today, falling 2.2% so far.

For MarketNewsVideo.com, I'm Kristin Bianco.

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