Wells Fargo Maintains Overweight on Howmet Aerospace, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers maintains an Overweight rating on Howmet Aerospace (NYSE:HWM) and raises the price target from $72 to $88.
May 06, 2024 | 1:56 pm
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Wells Fargo analyst Matthew Akers maintains an Overweight rating on Howmet Aerospace and raises the price target from $72 to $88.
The increase in price target by a reputable analyst like Matthew Akers from Wells Fargo is a strong positive signal for Howmet Aerospace. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of analyst action often leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100