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Add as a preferred source on GoogleBarclays Starts Overweight Coverage of Alcoa and Kaiser Aluminum
The bank set price targets of $55 for Alcoa and $180 for Kaiser Aluminum as it expects the global aluminum market to remain tight through year-end.
Barclays initiated Overweight coverage of Alcoa and Kaiser Aluminum, setting price targets of $55 and $180, respectively, as the bank expects the global aluminum market to remain tight through the rest of 2026.
The ratings reflect Barclays’ constructive near-term outlook for aluminum. Its tight-market view is limited to the remainder of the year.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.