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ARNC - Arconic downgraded at J.P. Morgan on valuation
Arconic Inc.
Arconic (ARNC-1.1%) is lower after J.P. Morgan downgrades shares to Neutral from Overweight with a $22 price target, trimmed from $24, citing valuation after a 20% run-up since hitting a record low $16.14 on Dec. 24.