The Goldman Sachs Group lowered shares of Arconic ( NYSE:ARNC – Get Rating ) from a neutral rating to a sell rating in a research report sent to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has $21.00 price target on the basic materials company's stock, down from their previous price target of $23.00. Several other analysts also recently commented on ARNC. Benchmark reduced their target price on Arconic from $30.00 to $26.00 in a research note on Thursday, December 15th.

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