Wells Fargo Maintains Underweight on Kaiser Aluminum, Raises Price Target to $169

Shares of aluminum-related companies are trading higher as investors expect that the U.S. and Canada will fail to reach a trade agreement ahead of Saturday's deadline. The inability to reach an agreement could expose Canada to a 50% tariff on several key exports, which may benefit U.S.-based producers.

Kaiser Aluminum shares are trading lower with industrial metals prices declining amid elevated energy costs and bond yields as U.S.-Iran negotiations fail to materialize. Also, the company announced a CEO transition.

8-K filing — KAISER ALUMINUM CORP (KALU)

Filed: 2026-08-17 AccNo: 0001193125-26-354093 Size: 603 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

Kaiser Aluminum Appoints Fred Stephan President, CEO, Effective Nov. 1, Succeeding Keith A. Harvey

Kaiser Aluminum Corporation ("Kaiser Aluminum" or the "Company") (NASDAQ: KALU) today announced a leadership transition, with the Board of Directors appointing Fred Stephan as Chief Executive Officer and