RBC Capital Maintains Outperform on Howmet Aerospace, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has maintained an Outperform rating on Howmet Aerospace (NYSE: HWM) and increased the price target from $75 to $90.
May 03, 2024 | 5:03 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed its Outperform rating on Howmet Aerospace and raised its price target from $75 to $90.
The upgrade in the price target by a reputable analyst like Ken Herbert from RBC Capital is a strong positive signal for Howmet Aerospace. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term, especially when the new target suggests a significant upside.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100