UBS Downgrades Noranda Aluminum Holding To Sell

UBS downgraded Noranda Aluminum Holding Corporation (NYSE: NOR) from Neutral to Sell.

The price target for Noranda Aluminum Holding has been lowered from $$3.25 to $2.75.

Noranda Aluminum Holding shares have gained 3.56 percent over the past 52 weeks, while the S&P 500 index has surged 10.90 percent in the same period.

Noranda Aluminum Holding's shares declined 3.90 percent to close at $3.20 yesterday.