Information Provided By:
Fly News Breaks for December 20, 2019
CENX, AA
Dec 20, 2019 | 08:23 EDT
B. Riley FBR analyst Lucas Pipes lowered his price target for Buy-rated Alcoa (AA) to $25 from $28 and for Buy-rated Century Aluminum (CENX) to $11 from $12. The new price targets reflect tweaks to FBR's commodity price assumptions for aluminum and alumina. However, the analyst notes his firm's long-term price deck for aluminum is still 11% above spot prices, reflecting optimism that lower exchange inventories in China and an improved economic outlook could contribute to a price recovery.
News For AA;CENX From the Last 2 Days
There are no results for your query AA;CENX