UBS upgraded Kaiser Aluminum to buy from neutral and raised its price target to $184 from $179, implying nearly 18% upside from Friday's close. Shares gained nearly 3% Monday but have fallen 13% over the past three months, with trade-related headwinds and a leadership shakeup weighing on the stock. The shares were roughly 20% below their 52-week high of $199.89, reached Aug. 12. UBS analyst Alex Stansbury said the pullback offers an attractive entry point as earnings power improves. The bank cited scrap-market support, investments at Warrick/Trentwood and the end of aerospace inventory reductions, with production rates accelerating. LSEG data shows mixed Wall Street views: two of four analysts rate the stock underperform, one rates it buy and one recommends hold.