Kaiser Aluminum Corporation (KALU) PT Raised to $183 at KeyBanc Amid Record 1Q26

KeyBanc analyst Samuel McKinney raised the price target on Kaiser Aluminum Corporation (NASDAQ: KALU) to $183.00 (from $170.00) while maintaining an Overweight rating.

The analyst commented: "Record 1Q26 Sets the Stage for a Year with Lofty Expectations; Following KALU's 1Q26 earnings results, we are increasing our 2026–2027 estimates on further end-market confidence in Aero/HS, where 2H26 comps should be much easier, and Packaging, where the new roll coat line Warrick is expected to average ~80% utilization this year in a growing-demand/ constrained-supply market. We maintain our Overweight rating and raise our price target to $183 (from $170) on our higher 2027 view. Our April 15 initiation of KALU - featuring the Street's only Overweight rating - is linked here. Since then, KALU shares have increased ~19% (vs. S&P 500's +1%)."

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