Noranda Aluminum Holding Corp. Upgraded to “Neutral” by Zacks (NOR)

Noranda Aluminum Holding Corp. was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Thursday, AnalystRatingsNetwork reports. The firm currently has a $3.90 price target on the stock. Zacks price objective would suggest a potential upside of 1.83% from the’ current price.

NOR has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Noranda Aluminum Holding Corp. from a “sell” rating to a “hold” rating in a research note to investors on Thursday, May 16th. Separately, analysts at Merrill Lynch downgraded shares of Noranda Aluminum Holding Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, April 25th. Finally, analysts at Barclays Capital cut their price target on shares of Noranda Aluminum Holding Corp. from $7.00 to $5.00 in a research note to investors on Thursday, April 25th. They now have an “equal weight” rating on the stock.

Six research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of $4.98.