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Investing.com - Vertical Research Partners has raised its price target on Howmet Aerospace Inc . (NYSE:HWM) to $210.00 from $189.00 while maintaining a Buy rating on the stock. The new target sits well above the current analyst range of $140-$220, according to InvestingPro data.
The aerospace components manufacturer’s shares have gained approximately 76% year-to-date according to InvestingPro data, despite recent profit-taking following its second-quarter results. The company maintains a perfect Piotroski Score of 9, indicating strong financial health.
Vertical Research noted that Howmet raised its 2025 guidance, indicating continued confidence in its business outlook despite the recent stock pullback.
The research firm highlighted several positive fundamental factors supporting its bullish stance, including expectations that widebody OEM volumes will double and engine aftermarket volumes will show healthy growth.
Vertical Research also mentioned that pricing trends remain favorable for Howmet, and predicted that the company’s cyclical Wheel business will eventually recover.
In other recent news, Howmet Aerospace Inc. declared dividends on both its common and preferred stock, with a dividend of 12 cents per share on its common stock to be paid on August 25, 2025. Jefferies raised its price target for Howmet Aerospace to $220, citing changes in the aerospace fastener market dynamics following the loss of Precision Castparts Corp’s facility. RBC Capital Markets also increased its price target for the company to $200, highlighting the company’s strong performance and favorable market conditions for original equipment manufacturers in the aerospace sector.
Additionally, Howmet Aerospace held its annual shareholder meeting, where all nominated directors were elected with significant support. KeyBanc maintained its Sector Weight rating for the company, noting an increase in estimated earnings for 2025 and improvements in profit margins. The firm emphasized the commercial aerospace and defense sectors as key contributors to expected profit growth, recognizing the company’s achievements in its Fasteners and Structures divisions. These developments reflect Howmet Aerospace’s robust performance and strategic advancements in the aerospace industry.
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