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.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.