$KALU

UBS upgraded Kaiser Aluminum (KALU) to buy with a $184 price target, citing a temporary selloff as a buying opportunity. The stock fell 19% from its August high due to trade uncertainty, leadership change, and scrap profit doubts. UBS argues that strong earnings, aerospace demand, and a cheaper valuation justify the upgrade, despite mixed Wall Street sentiment.

Kaiser Aluminum (KALU) announced Fred Stephan as CEO, with Keith Harvey becoming Executive Chairman. The company reported Q2 2026 net income of $96.8M and EPS of $5.92. Projections for 2029 include $4.4B revenue and $202.2M earnings, with varied analyst expectations. The board expands to ten directors.

Analysts upgraded Deere (DE) to Outperform with a $800 target, citing strong North American demand. Abercrombie & Fitch (ANF) was upgraded to Buy with a $162 target after Q2 earnings beat. Agco (AGCO) upgraded to Outperform with a $150 target, expecting 2027 volume recovery. Kaiser Aluminum (KALU) upgraded to Buy with a $184 target. Stag Industrial (STAG) upgraded to Outperform. PG&E (PCG) downgraded by Wells Fargo and BMO. Mizuho downgraded PG&E, Sempra Energy (SRE), and Edison International (E

Kaiser Aluminum (KALU) shares rose 3.7% after UBS upgraded the stock to Buy and raised its price target to $184. The upgrade follows a 19% share price drop due to USMCA renegotiations, CEO transition, and scrap spread concerns. UBS cites improving earnings power and strong EBITDA growth as reasons for the upgrade.

Baird upgraded Deere (NYSE:DE) to Outperform, raising its price target to $800 from $640. Itau BBA upgraded XP Inc. (NASDAQ:XP) to Outperform with a $22 target. Baird also upgraded AGCO (NYSE:AGCO) to Outperform, lifting its target to $150 from $120. Argus upgraded Abercrombie & Fitch (NYSE:ANF) to Buy with a $162 target. UBS upgraded Kaiser Aluminum (NASDAQ:KALU) to Buy, raising its target to $184 from $179.

Wall Street analysts made several calls: Baird upgraded AGCO to $150 and Deere to $800, while Mizuho downgraded Edison International and Sempra Energy. Evercore ISI initiated Lumentum at Outperform with a $1,100 target, and Roth Capital started Ticketplus at Buy with a $14 target. Markets closed lower Friday due to Fed rate-hike concerns, with Treasury yields rising and major indices down.

Analysts made several calls on Monday. Morgan Stanley initiated Attovia Therapeutics with an overweight rating and $39 target. UBS upgraded Kaiser Aluminum to buy with an $184 target. Baird upgraded Deere to outperform. Jefferies reiterated Apple as underperform, citing potential downside risks. Bernstein reiterated SpaceX as outperform but noted uncertainty in its direct-to-device mobile business. Melius reiterated Nvidia as buy, suggesting potential upside. Goldman Sachs initiated Braveheart B

Aluminum stocks AA, KALU, and CENX rallied after Emirates Global Aluminium halted operations due to Iranian attacks. Aluminum prices rose 2% on the LME. JPMorgan upgraded AA to 'Neutral' with a $68 target and raised KALU's target to $124. AA, KALU, and CENX gained 32%, 11.5%, and 57.5% YTD, respectively.

Kaiser Aluminum (KALU) announced Fred Stephan as its new CEO, effective November 1, 2026. Stephan brings extensive global manufacturing and packaging experience, potentially influencing operational efficiency and end-market focus. The company reported strong first-half 2026 earnings, with net income rising to $159.3 million. Analysts project $4.4 billion revenue and $202.2 million earnings by 2029, with a 10% upside to the current price.

Kaiser Aluminum (KALU) announced leadership changes, with Fred Stephan becoming CEO in 2026. The stock has seen a recent decline, with a 7-day return of -17.24% and a 90-day return of -13.81%, but a year-to-date return of 25.72% and a 1-year return of 104.25%. Analysts debate its valuation, with some suggesting it is undervalued at $169.25, while others note risks from aluminum pricing and margin assumptions.