William Blair analyst Louie DiPalma has maintained their bullish stance on CW stock, giving a Buy rating yesterday.
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Louie DiPalma has given his Buy rating due to a combination of factors influencing Curtiss-Wright’s potential growth. The recent executive orders signed by President Trump aim to boost nuclear power production in the U.S., which could benefit Curtiss-Wright as part of the supplier group for Westinghouse’s AP1000 reactors. These developments are expected to add to the company’s existing opportunities in Eastern Europe, where Poland and Bulgaria are moving forward with plans to build new reactors.
Additionally, the executive orders may expedite the progress of small modular reactors (SMRs), an area where Curtiss-Wright has established agreements with several developers. By considering the potential deployments of AP1000 reactors, the advancement of SMRs, and the extension of existing reactor lifespans in North America, Curtiss-Wright anticipates its commercial nuclear business to achieve a significant revenue milestone. This optimistic outlook underpins DiPalma’s Buy rating for the stock.
In another report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $500.00 price target.