Benchmark Reiterates Buy on Kaiser Aluminum, Maintains $84 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Josh Sullivan has reiterated a Buy rating on Kaiser Aluminum (NASDAQ:KALU) and maintained an $84 price target on the stock.

April 19, 2024 | 3:24 pm
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Benchmark analyst Josh Sullivan reiterates a Buy rating on Kaiser Aluminum with an $84 price target.
The reiteration of a Buy rating and maintenance of an $84 price target by a Benchmark analyst could positively influence investor sentiment towards KALU, potentially driving its stock price up in the short term. Analyst ratings often impact stock prices, especially when they come from reputable analysts or firms. The reaffirmation of the Buy rating suggests confidence in the company's future performance and valuation, which could lead to increased investor interest and buying activity.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100