Dec 14, 2010 (SmarTrend News Watch via COMTEX) -- UBS downgraded Kaiser Aluminum (NASDAQ:KALU) to neutral from buy and raised its price target to $54 from $50.
Kaiser Aluminum Corporation produces alumina, primary aluminum, and fabricated aluminum products. The Company also supplies alumina and primary aluminum in domestic and international markets.
Kaiser Aluminum has a potential upside of 7.9% based on a current price of $49.45 and an average consensus analyst price target of $53.33.
Kaiser Aluminum is currently above its 50-day moving average (MA) of $46.41 and above its 200-day of $40.41.
In the last five trading sessions, the 50-day MA has climbed 1.83% while the 200-day MA has risen 1.04%.
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