What Happened
Aerospace Company Sees Upside With Raised Price Targets
Howmet Aerospace stock has gained analyst support after the company reported a strong earnings beat and raised its full-year guidance. Guggenheim has initiated coverage with a Buy rating and a price target of $350, while Bernstein SocGen has raised its target to $328. The average analyst price target implies a potential upside of 48.7% from the current price. This development was reported by various sources, including Investing.com and MarketScreener, and suggests a positive outlook for the company’s growth prospects. The news was first reported by Unknown Source.