- 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.
Apple Pay Later ‘Launching Soon,’ Says Tim Cook — But Doesn’t Specify Date
Since introducing its financial service in 2022, Apple Inc. (NASDAQ:AAPL) users are waiting for the company to provide a buy-now-pay-later (BNPL) service. The wait may soon get over.
