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Howmet Aerospace price target raised to $235 from $210 at RBC Capital

RBC Capital analyst Ken Herbert raised the firm’s price target on Howmet Aerospace (HWM) to $235 from $210 and keeps an Outperform rating on the shares. The company reported “strong” Q3 results, and the initial 2026 revenue guide of 10% growth provides another favorable beat-and-raise setup into 2026, the analyst tells investors in a research note. The stabilizing commercial environment, improving engine supply chain, and growing IGT – industrial gas turbine – demand are sources of upside into 2026, RBC added.

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