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Fly News Breaks for August 8, 2019
KALU
Aug 8, 2019 | 18:20 EDT
Goldman Sachs analyst Matthew Korn upgraded Kaiser Aluminum to Neutral with an unchanged price target of $97. The analyst says the stock has fallen about 14% since his valuation-driven downgrade last August and now trades at a level closer to what he considers its "fair value." Korn adds that Kaiser Aluminum has offset its 737 Max aircraft related risks with gains in its overall aero order book.
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