Cowen and Company cut Century Aluminum price target

摘要

Pittsburgh—Equity research firm Cowen andnCompany reduced its Century Aluminum pricentarget to $10 from $13 due to changes innthe aluminum futures curve, the companynsaid in an October 8 statement. The companynalso said it assumed Q4 2013 and fiscalnyear 2014 aluminum prices of $0.81/lb andn$0.86/lb, respectively, which is consistentnwith the futures curve.