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.

Canada Fires Back At Trump: Up to 50% Tariffs on $20 Billion of US Goods

Canada hit back at Trump with tariffs of up to 50% on $20B of U.S. goods, escalating the trade war ahead of Sept. 8.

Alcoa Breaks Ground For Its Gallium Production Plant Co-Located At The Wagerup Alumina Refinery In Western Australia

Shares of steel and aluminum-related companies are trading lower amid expectations for progress on a U.S.-Canada trade agreement before the weekend. A trade framework may lessen investor interest in finished metals producers that would have benefitted from domestic U.S. production under continued tariffs.

This Deere Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Baird analyst

UBS Upgrades Kaiser Aluminum to Buy, Raises Price Target to $184

UBS analyst Alex Stansbury upgrades Kaiser Aluminum (NASDAQ:KALU) from Neutral to Buy and raises the price target from $179 to $184.

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.