UBS Initiates Coverage On Howmet Aerospace with Neutral Rating, Announces Price Target of $51
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons has initiated coverage on Howmet Aerospace (NYSE:HWM) with a Neutral rating and a price target of $51.
October 11, 2023 | 9:15 am
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NEUTRAL IMPACT
UBS has initiated coverage on Howmet Aerospace with a Neutral rating and a price target of $51.
The initiation of coverage by UBS with a Neutral rating suggests that the stock is fairly valued at current levels. The price target of $51 indicates where UBS believes the stock will trade in the near future. This could influence investor sentiment and trading behavior, but the neutral rating suggests no significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100