Keybanc Maintains Overweight on Howmet Aerospace, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Philip Gibbs maintains an Overweight rating on Howmet Aerospace (NYSE:HWM) but lowers the price target from $52 to $50.
October 19, 2023 | 12:03 pm
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NEUTRAL IMPACT
Howmet Aerospace's price target has been lowered from $52 to $50 by Keybanc, though the Overweight rating is maintained.
The news is directly about Howmet Aerospace. While the lowering of the price target might be seen as a negative, the maintenance of the Overweight rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100