6 stories mentioning KALUUpdated 30d ago
Every FINWIRES story that references KALU, newest first.
Kaiser Aluminum (KALU) shares fell more than 2% in Thursday trading after Wells Fargo downgraded the stock to underweight from equal weight and lowered the price target to $158 from $160.Trading volume stood at 144,455 shares, compared with a daily average of 280,188.Price: $164.57, Change: $-4.32, Percent Change: -2.56%
UBS Adjusts Price Target on Kaiser Aluminum to $179 From $176, Maintains Neutral Rating
Kaiser Aluminum (KALU) is expected to return to earnings growth and generate stronger free cash flow, but deleveraging could be the near term priority, UBS said in a note Monday.The report said EBITDA is expected to benefit from recent investments and a recovery in aerospace demand following a roughly two-year de-stocking cycle.However, the note said elevated leverage will remain a constraint, with the company likely prioritizing debt reduction."In our view KALU is unlikely to lift cash returns (div growth + repurchases) until at least 2028," the report said.The note also said its products are less reliant on scrap & imports due to impurity thresholds, meaning it gets a smaller benefit from tariffs compared with its peers.UBS initiated coverage on the stock with a Neutral rating and a $176 price target.Price: $176.63, Change: $+7.21, Percent Change: +4.26%
Keith Harvey, Director, President & CEO, on April 29, 2026, sold 3,031 shares in Kaiser Aluminum (KALU) for $524,757. Following the Form 4 filing with the SEC, Harvey has control over a total of 94,308 common shares of the company, with 94,308 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/811596/000119312526201545/xslF345X05/ownership.xml
