B. Riley Securities Upgrades Century Aluminum to Buy, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes upgraded Century Aluminum (CENX) from Neutral to Buy and increased the price target from $10 to $14.
January 09, 2024 | 10:20 am
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POSITIVE IMPACT
Century Aluminum received an upgrade from Neutral to Buy by B. Riley Securities, with a raised price target from $10 to $14, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by a reputable analyst at B. Riley Securities, along with a significant increase in the price target, suggests a strong bullish sentiment on Century Aluminum. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the positive news.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100