Century Aluminum price target raised to $24 from $15 at JPMorgan JPMorgan raised its estimates for Century Aluminum to reflect its higher aluminum price forecasts. The firm upped its price target for shares to $24 from keeps an Overweight rating on the stock.
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.