Century Aluminum upgraded to Neutral from Sell at Goldman Goldman Sachs upgraded Century Aluminum to Neutral citing improving aluminum fundaments and the company's cost cutting initiatives. The firm raised its price target for shares to $15.50 from $8.
Century Aluminum downgraded at BofA/Merrill As previously reported, BofA/Merrill downgraded Century Aluminum to Neutral from Buy. The firm lowered its aluminum forecasts to reflect worsening aluminum fundamentals from increased Chinese exports and pressure from LME warehouse rule changes. Price target lowered to $23.