Century Aluminum Co (CENX) Misses Q3 EPS by 1c

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JPMorgan Downgrades Century Aluminum (CENX) to Neutral

October 29, 2017 12:04 PM EDT

JPMorgan downgraded Century Aluminum (NASDAQ: CENX) from Overweight to Neutral with a price target of $14.50 (from $22.00).

Analyst Michael Gambardella fears Alumina cost headwinds will dampen equity price appreciation noting potential for a "significant" margin squeeze in Q1 2018. The analyst believes alumina... More