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"This chart shows US 10-year Treasury yields are creeping towards 5%. Markets are spooked by the 5% level on 10-years because it is the outer limit of an entire generation’s (20 years ...
Let's take a look into the factors that make Arconic (ARNC) stock a compelling choice at the moment.
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Arconic Inc. would be renamed Howmet Aerospace Inc. and a new company, Arconic Corporation, would be set up and spun out tax free from Arconic Inc. [30] The new Arconic Corporation would be focused on rolled aluminium products and Howmet Aerospace on engineered products. [31] The separation was completed effective April 1, 2020. [1] [32]
The two ratings add up to a Moderate Buy consensus rating alongside an average analyst price target of $33 (11.9% upside potential). Shares have gained about 264.9% over the past year.
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Arconic (ARNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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