Why Alcoa Stock Soared 10% on Monday

Shares of aluminum company Alcoa (NYSE: AA) couldn't wait to go higher on Monday, rising 10.8% through 12:30 p.m. EDT after analysts at Argus raised their price target on the metals giant.

Some good news (for Alcoa) out of Australia is also helping to keep today's rally going.

Image source: Getty Images.

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Source Fool.com