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Stock impact report

Why Century Aluminum Stock Blasted Almost 13% Higher on Wednesday [Yahoo! Finance]

Century Aluminum Company (CENX) 
Last century aluminum company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/cenx
Company Research Source: Yahoo! Finance
It's quite bullish on the prospects for the business. 10 stocks we like better than Century Aluminum › Like the metal in which it specializes, Century Aluminum (NASDAQ: CENX) was solid on Wednesday. Investors piled into the stock following the initiation of coverage by one of America's top banks . This bull run pushed the company's shares up by nearly 13%, which was particularly impressive given that the S&P 500 index rose by a comparatively modest 0.6%. Buy now, recommends large bank That famous bank was Wells Fargo , which launched its tracking of Century Aluminum stock with an overweight (buy, in other words) recommendation. Wells Fargo placed a target price of $37 per share on the aluminum company. Image source: Getty Images. Wells Fargo's opening take on Century Aluminum was part of a broader analysis of mining and metallurgy stocks. According to reports, the bank feels that aluminum prices have been higher than expected, due in no small part to demand from consisten Show less Read more
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