UBS DOWNGRADED KAISER ALUMINUM TO NEUTRAL, LIFTED PT TO $54

Wednesday, Dec 15, 2010
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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%.


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time.

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