Wolfe Research Downgrades Century Aluminum to Underperform, Announces $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Timna Tanners has downgraded Century Aluminum (NASDAQ:CENX) from Peer Perform to Underperform and set a price target of $6.
July 11, 2023 | 10:30 am
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NEGATIVE IMPACT
Century Aluminum has been downgraded by Wolfe Research from Peer Perform to Underperform with a price target of $6.
The downgrade from Wolfe Research is likely to negatively impact Century Aluminum's stock in the short term. The new price target of $6 also suggests a potential downside, which could further pressure the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100