BTIG raised the firm’s price target on Howmet Aerospace (HWM) to $180 from $150 and keeps a Buy rating on the shares. The company posted another record quarter in adjusted EBITDA, EBITDA margin, revenue, and earnings, the analyst tells investors in a research note. BTIG adds that Howmet uses a “healthy amount” of revert/recycled material, helping to further reduce tariff related risk.
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