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ARNC - Arconic rated new Outperform at Credit Suisse on auto rebound
Arconic Inc.
Arconic (NYSE:ARNC) +4.8% pre-market as Credit Suisse initiates coverage with an Outperform rating and $22 price target, saying the producer of aluminum-alloy products faces a "major inflection point" in Q3 as Ford and GM sharply accelerate production.
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