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Barclays Sticks to Its Buy Rating for Howmet Aerospace (HWM)
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Barclays Sticks to Its Buy Rating for Howmet Aerospace (HWM)

In a report released today, David E. Strauss from Barclays maintained a Buy rating on Howmet Aerospace (HWMResearch Report), with a price target of $65.00. The company’s shares closed last Friday at $62.82.

According to TipRanks, E. Strauss is a 3-star analyst with an average return of 2.2% and a 57.26% success rate. E. Strauss covers the Industrials sector, focusing on stocks such as Boeing, Spirit AeroSystems, and Raytheon Technologies.

In addition to Barclays, Howmet Aerospace also received a Buy from TD Cowen’s Gautam Khanna in a report issued today. However, on February 15, UBS maintained a Hold rating on Howmet Aerospace (NYSE: HWM).

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HWM market cap is currently $25.78B and has a P/E ratio of 34.25.

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Howmet Aerospace (HWM) Company Description:

Arconic, Inc. engages in manufacturing and engineering of lightweight metals. It operates through the following segments: Engineered Products and Forgings (EP&F) and Global Rolled Products (GRP). The EP&F segment produces products that are used primarily in the aerospace, industrial, commercial transportation, and power generation end markets. The GRP segment produces aluminum sheet and plate, aluminum extruded and machined parts, integrated aluminum structural systems, and architectural extrusions used in the automotive, aerospace, building and construction, industrial, packaging, and commercial transportation end markets. The company was founded in 1888 and is headquartered in New York, NY.

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