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Home>J.P. Morgan Sees Alumina Rally Running Out of Steam -- Market Talk

J.P. Morgan Sees Alumina Rally Running Out of Steam -- Market Talk

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Fri, 1 Aug 2014

2335 GMT [Dow Jones] Alumina Ltd.'s (AWC.AU) valuation is looking a little stretched after a circa-45% lift in shares year-to-date, says J.P. Morgan analyst Lyndon Fagan, who cuts the stock's rating to underweight from neutral. "While we recognize a lack of identifiable catalysts to drive a share
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