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  "documentTitle": "Arconic Inc. (ARNC)",
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      "text": "We also acknowledge activism could create an opportunity to highlight value that is even higher at $40 (and in the range of the activist target) to account for significant margin expansion from current levels, premised on a market P/E of 17x and earnings of $2.37. Morgan Stanley Research, February 1, 2017",
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      "text": "We also acknowledge activism could create an opportunity to highlight value that is even higher at $40 (and in the range of the activist target) to account for significant margin expansion from current levels, premised on a market P/E of 17x and earnings of $2.37.",
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      "text": "Largest Positive One-Day Move in Company Shares Since the Financial Crisis",
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      "text": "\"We also acknowledge activism could create an opportunity to highlight value that is even higher at $40 (and in the range of the activist target) to account for significant margin expansion from current levels, premised on a market P/E of 17x and earnings of $2.37.\" — Morgan Stanley Research, February 1, 2017",
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