Wolfe Research Assumes Kaiser Aluminum Corporation (KALU) at Peerperform

Wolfe Research analyst Timna Tanners assumes coverage on Kaiser Aluminum Corporation (NASDAQ: KALU) with a Peerperform rating.

The analyst comments "We initiate aluminum roller KALU at Peer Perform, assuming EBITDA mgns rebound nearer to historical levels after recent disappointments. A premium multiple to peers is somewhat justified due to no Europe exposure and a solid track record, but limits upside, in our view."

For an analyst ratings summary and ratings history on Kaiser Aluminum Corporation click here. For more ratings news on Kaiser Aluminum Corporation click here.

Shares of Kaiser Aluminum Corporation closed at $83.76 yesterday.

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