Financial Wire

Alcoa Shares Rise After Morgan Stanley Upgrade

Alcoa (AA) shares were up 3.2% in Thursday trading after Morgan Stanley upgraded the stock to overweight from equalweight and raised its price target to $80 from $64.Trading volume stood at about 3.5 million shares against a daily average of roughly 7.6 million.Price: $74.02, Change: $+2.26, Percent Change: +3.15%

-- Alcoa (AA) shares were up 3.2% in Thursday trading after Morgan Stanley upgraded the stock to overweight from equalweight and raised its price target to $80 from $64.

Trading volume stood at about 3.5 million shares against a daily average of roughly 7.6 million.

Price: $74.02, Change: $+2.26, Percent Change: +3.15%