Home Newsfeeds Truist Is Bullish On Howmet Aerospace – Read Why

Truist Is Bullish On Howmet Aerospace – Read Why

Truist analyst Michael Ciarmoli initiated coverage of Howmet Aerospace Inc (NYSE:HWM) with a Buy rating and a price target of $41, implying…

byAkanksha Bakshi

July 6, 2022

1 minute read

Truist analyst Michael Ciarmoli initiated coverage of Howmet Aerospace Inc (NYSE:HWM) with a Buy rating and a price target of $41, implying an upside of 31.5%.
The analyst says that HWM is a unique and differentiated asset in the aerospace supply chain.
Ciarmoli notes that Howmet can benefit from growing aircraft production rates, share gains in the titanium aerospace market, and an easing supply chain in the transportation market.
Price Action: HWM shares are trading higher by 0.27% at $31.18 on the last check Wednesday.

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