Howmet Aerospace price target raised to $260 from $228 at UBS

UBS raised the firm’s price target on Howmet Aerospace (HWM) to $260 from $228 and keeps a Neutral rating on the shares. Record EBITDA margins continue at Howmet Aerospace, driven by pricing power, content growth, and volume gains despite rising headcount and operational complexity, the analyst tells investors in a research note. Accelerating Aerospace production, strong spares demand, and growing gas turbine power exposure are expected to sustain top-line momentum and support further margin expansion, the firm says.