# Morgan Stanley upgraded shares to Overweight from Equal Weight with an $80 price target, raised.

*business · news · 2026-04-09 · Seeking Alpha*

## Key points

- Morgan Stanley upgraded Alcoa to Overweight from Equal Weight.
- Morgan Stanley raised Alcoa's price target to $80 from $64.
- The upgrade is based on expectations of higher aluminum prices.
- Morgan Stanley cited Alcoa's operating leverage as a key benefit.

**Companies:** Alcoa Corporation

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4573861-alcoa-upgraded-at-morgan-stanley-on-higher-aluminum-prices-operating-leverage)

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