Kaiser Aluminum: Hold Was Right, Now Upgrading For 2025-2026 (Rating Upgrade)

  • Kaiser Aluminum is not my top aluminum pick; I prefer Norsk Hydro and European recyclers for core exposure. Previously rated KALU as 'HOLD' due to risks, but following my price targets would have yielded attractive entry points. Despite macro volatility, fundamentals for aluminum companies have improved, prompting a reassessment of KALU's prospects.